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FDIC Slams UBS Over Libor-Rigging Claim

By Christopher Crosby (November 5, 2020, 6:13 PM GMT) -- The Federal Deposit Insurance Corporation has told a London court that failed U.S. financial institutions weren't able to mitigate their exposure to interest rate-rigging during the last financial scheme because they didn't know about the secret scheme allegedly plotted by UBS and other major banks. ...

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