UBS Securities Japan Co. Ltd. to Plead Guilty to Felony Wire

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UBS Securities Japan Co. Ltd. to Plead Guilty to Felony Wire Fraud for Long-running Manipulation of LIBOR Benchmark Interest Rates
12/19/2012 10:58 AM EST

UBS Securities Japan Co. Ltd. (UBS Japan), an investment bank, financial advisory securities firm and wholly-owned subsidiary of UBS AG, has agreed to plead guilty to felony wire fraud and admit its role in manipulating the London Interbank Offered Rate (LIBOR), a leading benchmark used in financial products and transactions around the world.
http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTIxMjE5LjEzNjE3NDUxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDEyMTIxOS4xMzYxNzQ1MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MzE4ODU1JmVtYWlsaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZ1c2VyaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&104&&&http://www.justice.gov/opa/pr/2012/December/12-ag-1522.html