Ex UBS boss blames "mercenaries" for Libor debacle

The former chief executive of UBS (UBSN.VX) blamed “mercenaries” for its role in the global interest-rate rigging scandal that has further undermined the Swiss bank’s once venerable reputation. UBS was fined a record $1.5 billion last month for manipulating Libor interest rates, the latest in a …

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Ex UBS boss blames "mercenaries" for Libor debacle

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