Wednesday, 19 December 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: Hong Kong probes UBS over interbank rate rigging claims

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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Hong Kong probes UBS over interbank rate rigging claims
Dec 20th 2012, 07:05

Hong Kong is to probe Swiss banking giant UBS over claims of possible rigging of Hong Kong's interbank offered rateHong Kong's de facto central bank said on Thursday it would probe UBS over possible rigging of the city's interbank offered rate, a day after the Swiss giant agreed to pay a huge fine over the Libor scandal.


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