UBS Settles Libor Probe for 1.4B Swiss Francs

UBS AG, Switzerland’s biggest bank, agreed to pay about 1.4 billion Swiss francs ($1.5 billion) in fines and disgorgement of profits to the U.S., U.K. and Swiss regulators for trying to rig global interest rates, more than triple the amount levied against Barclays Plc.
Will the ECB QE Actually Work?
47:47 - Bloomberg’s Lisa Abramowicz and Carl Riccadona discuss ECB President Mario Draghi’s version of quantitative easing. They speak with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)
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