UBS faces $1 billion fine for Libor rigging: source

Comments (3)
Harry079 wrote:

Come on they couldn’t squeeze them for any more than that?

Or is $1 billion what the bean counters say they could pay without a massive stock sell off or someone going to prison?

Dec 13, 2012 12:28pm EST  --  Report as abuse
tmc wrote:

Still not enough. Many people should go to jail in several countries.

Dec 13, 2012 2:48pm EST  --  Report as abuse
JoeObserver wrote:

UBS need to shut down its Investment banking business, and concentrate on its core strength. IB is a drag on UBS profitability.

Dec 13, 2012 4:24pm EST  --  Report as abuse
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