 New Zealand Herald | UBS to pay $1.5b in rate-rigging scandal New Zealand Herald Swiss banking giant UBS has agreed to pay $1.5b in fines for its role in trying to manipulate the important LIBOR rate. Photo / AP. Swiss bank UBS has agreed to pay $US1.5 billion in fines for trying to manipulate a key interest rate that affects borrowers ... Fines and new rules will help tackle greed: FSA News Summary: UBS to pay $1.5B over LIBOR probe UBS Trader Used Bribery, Flattery to Make 'Superman' Rig Libor |
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