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2015-05-22 — bloomberg.com
The Swiss bank's main UBS AG unit won't be charged by the department's criminal division for information the firm disclosed to prosecutors about precious-metals transactions, according to the company's plea agreement released on Wednesday to resolve a probe into interest-rate manipulation.
Prosecutors have been investigating whether at least 10 banks, including Barclays Plc, JPMorgan Chase & Co. and Deutsche Bank AG, manipulated prices of precious metals such as silver and gold, Bloomberg reported in February. The scrutiny follows international probes into the rigging of financial benchmarks for rates and currencies, which have yielded billions of dollars in fines.
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