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 be...
Calling for 'imaginative and creative' approach to negotiations
Plans for transitional 'standstill' deal
Concerns over ballooning debt
Janus Henderson recruits Columbia Threadneedle's fixed income head Cielinski amid bond team restructure
Cielinski joining firm on 1 November