Legal
Swiss banks face US Libor lawsuit
UBS and Credit Suisse are among 15 banks to be hit with a lawsuit by the United States government-owned mortgage finance company Freddie Mac as a result of the Libor manipulation scandal. UBS was fined $1.5 billion (CHF1.4 billion) by various regulators last year after admitting its role in the…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: International Service of the Swiss Broadcasting Corporation