ZURICH, March 19 UBS said on Tuesday it is pulling out of a panel that sets money market benchmark Euribor.
"We have decided to withdraw from the Euribor panel and to focus on our core funding markets Swiss Franc and U.S. dollar,"
a UBS spokesman said, adding the decision comes after an October decision to shut down vast parts of its investment bank.
The Swiss bank paid a $1.5 billion fine in December over its role in a global scheme to manipulate rates.
UBS, which also exited an Australian rates panel earlier this month, follows Rabobank in exiting Euribor.
CORRECTED-UPDATE 2-U.S. to seek to block DraftKings, FanDuel fantasy sports merger
WASHINGTON, June 19 The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests.