December 13, 2012 at 19:07 PM EST
UPDATE 4-UBS faces $1 billion fine for Libor rigging -source
LONDON, Dec 13 (Reuters) - Swiss bank UBS is expected to pay about $1 billion to settle charges of rigging the Libor interest rate benchmark, according to a person familiar with the situation, making it the second major bank to be officially ensnared by the global scandal.
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