Swiss bank UBS has suspended some of its traders in connection with a growing scandal over the alleged manipulation of rates which determine how much we pay for loans and mortgages. An unspecified number of traders at UBS were suspended last year and another group followed in late January, according to reports. This is the latest twist in an international probe which has been dragging on for over a year.
Regulators are investigating allegations that banks have been manipulating crucial interbank lending rates which help determine how much we pay for mortgages and loans.....Read more: Traders suspended in growing scandal of 'manipulation of rates' which determine how much we pay for loans and mortgages | This is Mone