UBS suspends at least one trader in Singapore: sources

UBS suspends at least one trader in Singapore: sources

There should be already an investigation underway by the Authority to determine whether there are manipulation against the people by the banks.

Banks are important in nation building as they say and those who say this must also ensure that banks are not abusing their position and influence at the expense of the people.

TODAYonline | Business | RBS 'wins bid to seal S'pore Libor documents'

TODAYonline | Business | RBS 'wins bid to seal S'pore Libor documents'

Libor whatever you call it, is already here.

So how to handle this appropriately?

RBS ends contribution to Singapore lending rate panels

RBS ends contribution to Singapore lending rate panels

Libor scandal is rocking into everybody life. I do not know how bad is this but as a layman, if big boys borrows from Libor and then lend to businesses and individual...and if the rate rigging are true then it affects every transactions, deal, loan...in the world over.