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S U B S C R I B E
Tuesday, 31 July, 2012
UBS still plagued by Libor scandal
UBS is back in hot water over the Libor interest rate scandal. This interest rate at which banks lend each other money sets other interest rates for lending around the world. UBS blew the whistle on Libor manipulations and got promises of leniency from financial authorities. But a year later, investigations suggest UBS was in deep. So how safe is it now from insulted regulators and angry borrowers? WRS’s Lucas Chambers asked a few of the key players:
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