UBS, Credit Suisse Questioned by Finma Over Libor, Sonntag Says
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The Swiss Financial Market Supervisory Authority, known as Finma, contacted UBS AG and Credit Suisse Group AG regarding investigations into how the Libor interest rate was set, Der Sonntag reported.
Finma sent both banks detailed questions about the London interbank offered rate, the newspaper said, citing people close to the matter.