UBS $1.5 Billion Libor Fine Signals More Bank Settlements Coming

UBS $1.5 Billion Libor Fine Signals More Bank Settlements Coming

Simon Dawson/Bloomberg

A sculpture is seen outside the UBS AG offices in London, U.K. Regulators found that traders at the Zurich-based bank made more than 2,000 requests to its own rate submitters, traders at other banks and brokers to manipulate rate submissions through 2010.