UBS Gets Probation For Rigging $5 Trillion-A-Day FX Market

Wednesday, May 20, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/20/2015

UBS will pay $545 million, plead guilty to one count of wire fraud, and go on DoJ “probation” for three years for its role in forex manipulation. The market’s assessment of how things turned out for the bank: “It couldn’t have been better.”

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