Topic - Roger Darin

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  • The logo of the Swiss bank UBS is seen in Zurich in 2001. (AP Photo/Keystone, Steffen Schmidt)

    UBS to plead guilty to fraud for interest-rate rigging

    UBS Securities Japan, a subsidiary of the multinational financial institution UBS AG, agreed on Wednesday to plead guilty to charges of felony wire fraud in a scheme to manipulate the London Interbank Offered Rate, a key benchmark for financial products and transactions around the world.

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