UBS to face $1bn Libor rigging fine

2012-12-14 08:35

Swiss bank UBS is expected to pay about $1bn to settle charges of rigging the Libor interest rate benchmark, according to a person familiar with the situation.

Probed banks seeking group settlement

2012-07-20 08:01

Banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash, sources say.

UK rate scandal: 'SA banks sound'

2012-07-15 17:00

In the wake of UK outrage over the manipulation of Libor rates, financial authorities say the process for determining the interbank lending rate in SA is sound.

EU raids banks in lending rates probe

2011-10-19 18:14

The European Commission has raided banks as part of an investigation into suspected fixing of interbank lending benchmark Euribor.


RBS facing $600m fine for rate rigging

2013-02-06 14:54

Royal Bank of Scotland will be hit with fines of almost $627m for its role in a global interest-rate rigging scandal, sources familiar with the situation said.

UBS faces $1bn day of reckoning

2012-12-16 23:10

UBS is expected to be hit with a $1bn-plus fine to settle charges of rigging Libor interest rates this week, making it the second bank to be reined in.

UK steps up Libor rate-rigging probe

2012-12-12 11:26

Britain has stepped up its probe into rigging of the Libor interbank lending rate, making its first arrests in a scandal that has shaken the global financial system.

'Rigging pushing up petrol prices'

2012-07-18 11:52

Motorists may have been ripped off with traders allegedly manipulating oil prices in the same way as Libor interest rates, according to reports.

Barclays gets Moody's debt downgrade

2012-07-05 09:48

Moody's has downgraded the debt rating outlook of Absa parent, Barclays', citing the resignations of senior executives in the wake of a rate-rigging scandal.

Swiss question 12 banks as LIBOR probe widens

2012-02-03 14:47

Switzerland is investigating 12 US, European and Japanese banks suspected of manipulating interbank lending rates.

Barclays main focus of probe: report

2011-03-25 11:02

Barclays Bank appears to be the focus of an international investigation into alleged manipulation of Libor rates, reports the Financial Times.

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