5-Feb-2012 - Banks Probe Over Rates Widens

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BY DEBORAH BALL, GORAN MIJUK AND JOHN REVILL ZURICH—Regulators in Switzerland and the U.K. stepped up pressure on several Swiss and foreign banks, beats by dre studio limited edition headphone white diamond extending a probe into alleged manipulation of key interest rates and disclosing possible enforcement action against UBS Graffiti Studio Headphone AG over a trading scandal. The Swiss Competition Commission, or Comco, said Friday it is investigating UBS, Credit Suisse Group and 10 other financial institutions over allegations they colluded to manipulate market interest rates in London and Tokyo, part of a wider probe by other regulators launched last year. The probe involves beats by dr dre studio headphone champagne the London interbank offered rate, or Libor, a short-term interest rate between banks, and the Tokyo ...

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