UBS is to pay out $1.5bn in fines after it admitted its role in fixing the interbank lending rate.
The Swiss bank has agreed a settlement with UK, US and Swiss regulators for a total of £940m, following “extensive and widespread” moves to manipulate LIBOR and EURIBOR. Of this fine, £160m will...
At company since 2012
Investment Week editor Katrina Lloyd is joined by a panel of industry experts to discuss the US economy, presidential election, and prospects for equity markets.
Following the crescendo of the European sovereign debt crisis in 2011, scepticism plagued investors across the continent, leaving the economy in a fragile, lethargic state.
Only 26% of investment trusts launched between 2000 and 2009 are still going strong, while the rest have been wound up due to poor performance, wide discounts or because their mandate is no longer relevant, according to Numis Securities.
Gubriy appointed head of global REIT funds