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Stock Market & Financial Investment News

News Breaks
January 11, 2013
06:05 EDTUBSUBS: Libor fixing had occurred for years, Independent reports
UBS (UBS) may have been manipulating Libor rates for "years," its former bosses have admitted, the Independent reports. Former CEO Marcel Rohner and other managers were accused of "incompetence and gross negligence" by members of the Parliamentary Commission on Banking Standards for failing to spot what they admitted was "stealing on a grand scale". Reference Link
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