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...
Pair also on board of several other trusts
As the yen continues to strengthen, Invesco Perpetual's head of Japanese equities Paul Chesson asks if it is nearing the endgame for Japan or if the central bank could make yet another move to strengthen the country’s stalled economy.
Aims to deliver an 'index-like experience'
Cental banks' credibility could be called into question
Three investment managers appointed