Libor fine could exceed $1 billion

The Financial Times is reporting that the fine UBS will face in the Libor case may top $1 billion, according to sources close to the investigation.

By Staff | December 13, 2012 | Last updated on December 13, 2012

1 min read

The Financial Times is reporting that the fine UBS will face in the Libor case may top $1 billion, according to sources close to the investigation.

The settlement may be announced as early as Monday.

Also read:

Carney tackles Libor system reform

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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