UBS to pay $545 mn over forex scandal, rivals await fate
UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.
May 20, 2015, 17:01 PM ISTBarclays in $20 mn class-action Libor settlement
British bank Barclays agreed to pay $20 million to settle a class-action suit from investors who lost money in the Libor interest rate-rigging conspiracy, according to a US court filing.
Oct 10, 2014, 00:11 AM IST