Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Wednesday, December 19, 2012

UBS Fined $1.5BN

Last Friday I wrote that UBS was to be fined $1Bn for its role in the LIBOR rate fixing scandal.

I was wrong, UBS has in fact been fined $1.5BN.

Mea culpa!

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