- As the Justice Department weighs the possibility of criminal charges in the unfolding Libor rate-setting scandal, it may want to consider the record of the Swiss banking giant UBS. (New York Times)
- JPMorgan Chase Co. (JPM) (JPM)'s trading loss of at least $2 billion, the alleged $2. (Businessweek)
- Not only has the scandal dealt another blow to the self-regulatory model Chase Co's $4.4 billion trading loss and the alleged $2.3 billion fraud at UBS AG. (Gulf News)
- Earlier this month, Barclays was fined a record $450 million by U.S. and UK regulators panel to clarify his position after questions over his role in the scandal. (FOXBusiness)
- The scandal is already Bank of America and UBS are among the banks being investigated over allegations that they colluded to fix rates between 2005 and 2007. (The Guardian)
- We've only seen the tip of the iceberg, yet the LIBOR rate rigging scandal has rocked the financial world JPMorgan Chase, HSBC, UBS, Bank of Tokyo-Mitsubishi UFJ, Société Générale, BNP Paribas and the Royal Bank of Scotland. (bostinno.com)
- For this reason, we have not suffered a significant tax scandal involving a nominee or sitting president Our only tool is to reconstruct his financial record from what he has released. (The Business Insider)
- The launch of the two reviews comes just days after the FSA fined Barclays £290 million for its role in the Libor-fixing scandal. (Daily Telegraph)
Saturday, July 21, 2012
Ubs record scandal
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