UBS to Pay $1.5 Billion For Libor Scandal

UBS AG will pay about $1.5 billion and two former traders face prison as the bank settled charges with U.S. and U.K. authorities for manipulating interest rates in a global conspiracy to boost profits and bonuses.

Bloomberg Markets Trump: First 100 Days 3/23
16:18 - Guests include: Rep. Marsha Blackburn, Eric Cantor, Moelis vice chairman and former House Majority Leader, New America Foundation CEO Anne-Marie Slaughter and Rep. Pete Sessions. (Source: Bloomberg)
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