Ubs Probed Over Claims of Bond Price'manipulation'

Summary


SWISS banking giant UBS today admitted it is being investigated by Wall Street watchdog the Securities and Exchange Commission over allegations that it improperly manipulated the price of US government bonds.

The probe, part of a crackdown on trading in the US Treasuries market, comes as it emerged that a Credit Suisse bond trader had left amid another investigation.

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Extract


Ubs Probed Over Claims of Bond Price'manipulation'

UBS's admission came ...

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