Libor scandal takes a new turn this week

17/12/12 19:48 CET

| |

Despite the lack of an official statement, it is considered almost certain that UBS will settle an ongoing investigation for manipulation of benchmark lending rates.

Watch our Behind Markets report to hear about the rumours of the size of the UBS fine for UBS and if and how it will affect the future of the Swiss finance house.

More about: Banking, European markets, Financial scandal, Switzerland, UBS

| |

JavaScript is required in order to view this article’s accompanying video

Murdered London soldier is named as community tensions rise

Britain's Ministry of Defence has identified the soldier who died near the Woolwich army barracks…

Stockholm ablaze with youth anger

A fourth night of rioting in the Swedish capital saw groups of people, many of them young, setting…

Lagarde’s IMF post hangs in balance

Two French heads of the IMF in a row in legal scandals of different kinds begins to reflect…

Ukrainian PM reverses journalist ban in wake of protest

Ukrainian prime minister Mykola Azarov has reversed a decision to strip ten reporters of their media credentials, after more than 100 journalists took part in a demonstration in Kiev. The ten…

Militants attack French mine and army barracks in Niger

Islamist suicide bombers have struck at an army barracks and a French-run uranium mine in Niger. In Agadez in the north, at least 20 soldiers were killed and 16 others injured when the bombers…