The integrity of benchmarks such as LIBOR and EURIBOR are of fundamental importance to both UK and international financial markets. UBS traders and managers ignored this.
The Libor rate is used to set the interest rates on trillions of dollars in contracts around the world, including mortgages and credit cards.
More top news
Thousands of protesters have swarmed into the US capital and cities across the world to march for gun control.
The tech firm has submitted proposals for 13 emojis depicting wheelchair users, bionic arms, guide dogs, hearing aids and walking sticks.
Cloudy and damp across much of England and Wales, although the rain should turn lighter and more patchy by the afternoon.