$1.5 Billion UBS Fine? Much Less After Taxes |
| December 20, 2012 | December 2012 Bond Updates |
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Swiss bank UBS is coughing up $1.5 billion and pleading to a single count of wire fraud in connection with manipulation of Libor interest rates. The Financial Times reported that three dozen UBS employees would be implicated. Some face criminal charges. Is that the last word? |
| View more at: http://www.forbes.com/sites/robertwood/2012/12/20/1-5-billion-ubs-fine-much-less-after-taxes/ |
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