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5 years ago
BRIEF-UBS says everyone involved in Libor rigging appropriately dealt with
January 9, 2013 / 10:41 AM / 5 years ago

BRIEF-UBS says everyone involved in Libor rigging appropriately dealt with

LONDON, Jan 9 (Reuters) - UBS AG executives tell UK lawmakers: * Investment bank CEO orcel says bank believes everyone involved in libor

scandal has been appropriately dealt with * Investment bank CEO orcel says UBS at industry forefront for proportion of

pay that is deferred or can be clawed back * Compliance boss Williams says actions of former yen trader hayes were

"reprehensible" and "we are all disgusted by it" * Compliance boss Williams says there was no pay or bonus for hayes that could

be clawed back after he left bank

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