Three more traders suspended in Libor inquiry

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The Independent Online

Russell Lynch

UBS and Royal Bank of Scotland have suspended at least three more traders in Singapore as regulators widen the scope of their investigation into alleged Libor-rigging.

Bloomberg reported that at least two foreign exchange dealers have been suspended by UBS after an internal probe, while RBS also put a director on its emerging markets foreign exchange desk on leave after an investigation into the rates used to set prices on foreign exchange derivatives.