Regulators publish emails showing scale of rigging of Libor rates before and during the 2008 financial crisis The record £940m fine levied on Swiss bank UBS threatens to shift the focus of the worldwide Libor rigging investigations to the intricate web of relationships between banks and brokers at the heart of the financial system. More than 2,000 requests for "inappropriate submissions" to the crucial interest rates were documented by the Financial Services Authority, which found 45 UBS trad...
Regulators publish emails showing scale of rigging of Libor rates before and during the 2008 financial crisis The record £940m fine levied on Swiss bank UBS threatens to shift the focus of the worldwide Libor rigging investigations to the intricate web of relationships between banks and brokers at the heart of the financial system. More than 2,000 requests for "inappropriate submissions" to the crucial interest rates were documented by the Financial Services Authority, which found 45 UBS trad...
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