BusinessFrench regulator fines Lebanese trader record 14 mn eurosAFPOctober 25, 2013October 25, 2013 by AFPOctober 25, 2013October 25, 2013 Paris: France’s market regulator slapped a record 14 million euro ($19 million) fine on a Lebanese trader Thursday for insider trading surrounding the 2008 buyout...
BusinessUBS swings to $2.7 bn loss on Libor-fixing finesAFPFebruary 5, 2013 by AFPFebruary 5, 2013 Zurich: Swiss banking giant UBS announced on Tuesday a net loss of 2.5 billion Swiss francs (2 billion euros, $2.7 billion) as fines from the...
BusinessUBS agrees to pay $1.5 bn for manipulating LiborAFPDecember 19, 2012 by AFPDecember 19, 2012 Zurich: Swiss banking giant UBS said on Wednesday it had agreed to pay about $1.5 billion to British, US and Swiss regulators to settle...