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UBS AG (UBS) Chairman Axel Weber, whose company settled allegations involving the London interbank offered rate in December, has suggested an industrywide settlement of the global Libor investigation, Reuters reported Friday.
Mr. Weber's proposal took place at a Thursday meeting that included of top bank leaders and officials, the report said.
Full story at http://www.reuters.com/article/2013/01/25/banks-libor-settlement-idUSL6N0AUCM020130125
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