Bank said to pay more than $465 mln to settle allegations.
By Lindsay Fortado and Russell Ward, Bloomberg|December 03, 2012 at 04:11 AM|Originally published on Treasuryandrisk.Com
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UBS AG, Switzerland’s biggest lender, is close to agreements with regulators to pay more than 290 million pounds ($465 million) to settle allegations traders tried to rig global interest rates, a person with knowledge of the talks said.