Will Pinky / MAS dare to charge UBS (owned by GIC)?

[LITTLEREDDOT]

If traders have been caught manipulating rates in NY, London and HK, surely they would have done the same in Singapore.

Will Pinky / MAS dare to charge UBS traders in SG with manipulation? UBS is BIG BOY and is partly owned by GIC. Conflict of interest?


UBS Traders Found to Have Tried Rigging Hong Kong Interbank Rate

<cite class="byline" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; font-size: 11px; vertical-align: baseline; background-color: transparent; color: rgb(111, 111, 111); display: block; font-style: normal; line-height: 1.3em; width: 350px; background-position: initial initial; background-repeat: initial initial;">By Yidi Zhao - Mar 14, 2014</cite>
UBS AG traders tried to rig Hong Kong’s benchmark interest rate between 2006 and 2009, the city’s central bank said following a probe that lasted more than a year.

The Hong Kong Monetary Authority had found about 100 internal chat messages containing “change requests” by several UBS traders for the bank’s submissions to set the Hong Kong Interbank Offered Rate, according to a statement distributed to media today.

While the change requests had a negligible impact on the final Hibor fixing, the HKMA has asked UBS to take disciplinary action against the staff members responsible.

The HKMA’s probe into possible misconduct in setting Hibor started with UBS AG (UBSN) in December 2012 and widened about six months later to add lenders including HSBC Holdings Plc after crackdowns by the U.S., U.K., Japan and Singapore. Worldwide fines for rigging interest-rate benchmarks reached $6 billion in December.

 

[mojito]

I bluff you; you bluff me; it's all part of the game! Can you charge poker players for bluffing?

 

[syed putra]

Singapore's main aim is to attract these financial manipulators and make this the bestest financial hub in the galaxy.

 

[GOD IS MY DOG]

UBS owned by GIC ?

it's also owned by the Warburgs (Warburg Bank).............they are way above the Lee Clan in the Zionist power structure...

 

[virus]

get their house in order first

http://sg.news.yahoo.com/041126/3/3ou64.html

 

[jw5]

Bluffing is the most important part of playing poker.
Without it, you are just drawing cards randomly and winning or losing based on the luck of the draw.

I bluff you; you bluff me; it's all part of the game! Can you charge poker players for bluffing?

 

[escher]

Bluffing is the most important part of playing poker.
Without it, you are just drawing cards randomly and winning or losing based on the luck of the draw.

Bluffing singaporeans to the point they become stinkaporeans holding head down down and arseholes up high high to be fucked and screwed and raped and tiewed and kanned by PAP maggots cockroaches in robbing us
of 700++ billions into smear of shit on sole of shoe LKY stinkapore sovereign funds and to pay themselves so they all can laugh all the way to their fucking banks