UBS Agrees Libor Settlements

UBS AG, Switzerland’s biggest bank, must pay about 1.4 billion Swiss francs ($1.5 billion) to U.S., U.K. and Swiss regulators for trying to rig global interest rates, triple the penalties levied against Barclays Plc.

Full Show: Surveillance (04/25)
38:30 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Borje Ekholm, chief executive officer at Ericsson, Lord Adair Turner, of the U.K. House of Lords, and Jonathan Fenby, of Trusted Sources U.K. (Source: Bloomberg)
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