UBS Said to Face Fines of More Than $1 Billion

Dec. 13 (Bloomberg) -- UBS AG, Switzerland’s biggest bank, may be fined more than $1 billion by U.S. and U.K. regulators for trying to rig global interest rates, more than double the amount levied against Barclays Plc, according to a person familiar with the probe. Erik Schatzker reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

What Accelerated Nasdaq Stocks to Decline?
25:21 - Strategas Technical Analysis Head Chris Verrone examines global banks and decline of stocks on the Nasdaq. He speaks with Bloomberg’s Alix Steel and Scarlet Fu on “Bloomberg Markets.” (Source: Bloomberg)
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