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...
US markets suffer losses upon opening
Britain votes to leave the European Union
Manager intends to add to oversold positions
Could spell safe haven status for UK longer term
All 32 Scottish councils voted to remain