Swiss bank UBS on Wednesday agreed to pay $1.5 billion to settle accusations it rigged interest rates, Reuters reported. A Japanese unit of the bank also pleaded guilty to one count of U.S. fraud, according to the Wall Street Journal.
UBS To Pay $1.5 Billion Over Libor Scandal
|
December 19, 2012 1:42 a.m.
Start your day with TPM.
Sign up for the Morning Memo newsletter
Have a tip? Send it Here!
