December 17, 2015 BY Maria Nikolova

Swiss regulator issues six industry bans against UBS managers, traders for FX manipulation

The Swiss Financial Market Supervisory Authority (FINMA) today announced that has issued industry bans of between one and five years against six managers and traders formally employed in the foreign exchange and precious metals business of UBS AG (SWX:UBSN). The watchdog concluded that the six individuals were responsible for the breaches of regulation at UBS…

Read more