Despite “dozens of employees” actively involved in manipulating interest rates on a global scale, making us pay more so they can have more profit, Swiss banking giant UBS gets away with paying $1.5 billion, which is equivalent to 3 weeks of revenue for the bank. UBS agrees to $1.5 billion fine in Libor scandal

Despite “dozens of employees” actively involved in manipulating interest rates on a global scale, making us pay more so they can have more profit, Swiss banking giant UBS gets away with paying $1.5 billion, which is equivalent to 3 weeks of revenue for the bank.

UBS agrees to $1.5 billion fine in Libor scandal

Tags: politics UBS banks