Business
Swiss Bank UBS Settles US Legal Cases for $545 Million
The April 24, 2014 file photo shows the logo of Swiss bank UBS and the Swiss flag in Zurich, Switzerland. (Steffen Schmidt/AP Photo)
BERLIN (AP) — Swiss bank UBS says it is pleading guilty to wire fraud and is paying $545 million to settle U.S. cases of market manipulation.
The bank said Wednesday that under the deal with U.S. authorities it will be granted conditional immunity from prosecution in a Department of Justice probe on the manipulation of foreign exchange rates. UBS AG said it was the first to report to the DOJ potential misconduct by banks in forex markets.
It will however pay a $342 million fine to the Federal Reserve.
It will separately pay a $203 million fine to the DOJ for manipulating a key market interest rate called the London Interbank Offered Rate.
The bank said “the conduct of a small number of employees was unacceptable and we have taken appropriate disciplinary actions.”
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Activism
Oakland Post: Week of June 4 – 10, 2025
The printed Weekly Edition of the Oakland Post: Week of June 4-10, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of May 28 – June 30, 2025
The printed Weekly Edition of the Oakland Post: Week of May 28 – June 3, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
![](https://www.postnewsgroup.com/wp-content/uploads/2025/05/mc.ad_.2.png")
Activism
Oakland Post: Week of May 21 – 27, 2025
The printed Weekly Edition of the Oakland Post: Week of May 21 – 27, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
WORK FROM HOME
Home-based business with potential monthly income of $10K+ per month. A proven training system and website provided to maximize business effectiveness. Perfect job to earn side and primary income. Contact Lynne for more details: Lynne4npusa@gmail.com 800-334-0540
let it be known news updated
Headlines & Hot Topics w/J.Anthony Brown
Sit In
INFIGHTING AT THE DEMOCRATIC NATIONAL COMMITTEE
Headlines & Hot Topics w/ J’Anthony Brown
Mr. Rangel, An American Hero fromm Harlem
No better off-roader #ROX
First Ride on Toyota Mobility Scooter
Tour of Toyota Campus 360 Video
#GR86 on Eagle Canyon Racetrack 360 Video
RAV-4 Introduction 360 Video
It Just Got Even Better 2026 Toyota RAV4 AWD GR Sport Walkaround
Driving the #GR86 at Eagles Canyon Racetrack HQC
Performance Off Road in Land Cruiser HQC
Off-Road in Land Cruiser HQC
AI Is Reshaping Black Healthcare: Promise, Peril, and the Push for Improved Results in California
ESSAY: Technology and Medicine, a Primary Care Point of View
The RESISTANCE – FREEDOM NOW
Faces Around the Bay: Author Karen Lewis Took the ‘Detour to Straight Street’
BOOK REVIEW: Love, Rita: An American Story of Sisterhood, Joy, Loss, and Legacy
Oakland Post: Week of April 30 – May 6, 2025
Oakland Post: Week of May 7 – 13, 2025
Trump Targets the National Museum of African American History and Culture
MLK Bust Quietly Removed from Oval Office Under Trump
The Save Act…a modern Day Poll Tax
STATE OF THE PEOPLE: Freddie
After Two Decades, Oakland Unified Will Finally Regain Local Control
Hakeem Challenges Mike
Barbara Lee Accepts Victory With “Responsibility, Humility and Love”
Oakland Post: Week of May 14 – 20, 2025
AI Is Reshaping Black Healthcare: Promise, Peril, and the Push for Improved Results in California
ESSAY: Technology and Medicine, a Primary Care Point of View
Sanctuary Cities
The RESISTANCE – FREEDOM NOW
STATE OF THE PEOPLE: Freddie
ECONOMIC BOYCOTT DAY!!!!!
I told You So
Trump Targets the National Museum of African American History and Culture
Hakeem Challenges Mike
The Save Act…a modern Day Poll Tax
Its All A Game
Headlines and Hot Topics
Headlines & Hot Topics
President Trump’s Miss on Education. April Ryan
Headlines and hot topics
-
Activism3 weeks agoAfter Two Decades, Oakland Unified Will Finally Regain Local Control
-
Activism4 weeks agoOakland Post: Week of May 14 – 20, 2025
-
Alameda County3 weeks agoOakland Begins Month-Long Closure on Largest Homeless Encampment
-
Activism3 weeks agoNew Oakland Moving Forward
-
Barbara Lee3 weeks agoWNBA’s Golden State Valkyries Kick Off Season with Community Programs in Oakland
-
Activism3 weeks agoEast Bay Community Foundation’s New Grants Give Oakland’s Small Businesses a Boost
-
Bo Tefu3 weeks agoGov. Newsom Highlights Record-Breaking Tourism Revenue, Warns of Economic Threats from Federal Policies
-
Bay Area3 weeks agoChevron Richmond Installs Baker Hughes Flare.IQ, Real-time Flare Monitoring, Control and Reduction System
