UBS AG (UBS) said to face fines of more than $1B in LIBOR probes

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U.S., U.K. Regulators Eye Massive Fines for UBS (UBS) in Key Rate Probe

December 13, 2012 11:09 AM EST

UBS AG (NYSE: UBS) is lower on the session Thursday following headlines that the Swiss bank might be facing millions upon millions of fresh fines.

Make that billions.

According to reports out today, the U.S. Commodity Futures Trading... More