UBS Reveals Singapore, Switzerland Probes Of Libor Scandal

Law360, New York (October 30, 2012, 4:01 PM EDT) -- Financial regulators in Singapore and Switzerland have joined a growing list of global regulators scrutinizing UBS AG over its role in the alleged manipulation of Libor and other key interest rates, the bank said Tuesday.

In its financial report for the third quarter of 2012, UBS acknowledged that the Monetary Authority of Singapore and Swiss financial market supervisory authority FINMA were investigating its submissions to the British Bankers Association with respect to Libor and other benchmark interest rates.

They join a host of regulators who have...
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