UBS Faces $1B Fine Over Libor Rigging Allegations

UBS Faces $1B Fine Over Libor Rigging Allegations Play

UBS AG, Switzerland’s biggest bank, may be fined more than $1 billion by U.S. and U.K. regulators for trying to rig global interest rates, more than double the amount levied against Barclays Plc, according to a person familiar with the probe.

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