• The settlement caps a tough year for Switzerland's biggest bank, which is one of several leading banks that has been under investigation over allegations of manipulating the benchmark LIBOR interest rate.

    The logo of Swiss bank UBS is seen in Zurich, Switzerland, in this Dec. 18, 2001 picture. UBS reported a first quarter net profit of 2.42 billion Francs ($1.89 billion) in this May 4, 2004, file photo.
    LAST UPDATE : Dec 19, 2012, 2:53 AM EST