UBS participates in resolutions of industry-wide FX matter
Zurich/Basel20 May 2015, 07:00 CESTPrice sensitive informationUBS NewsMedia Releases GlobalMedia Releases APACMedia releases EuropeMedia Releases SwitzerlandInvestor Releases
- Firm faces no criminal charges and no DOJ fine on FX
- UBS granted conditional immunity from prosecution for FX by Antitrust Division of DOJ
- DOJ to terminate 2012 LIBOR NPA requiring UBS AG to plead guilty on legacy LIBOR conduct and pay USD 203 million
- Payment to Board of Governors of the Federal Reserve System of USD 342 million
- UBS fully provisioned for these resolutions; no financial impact on 2Q 2015 results