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France's Hollande says Britain must pay price for Brexit
The Swiss bank UBS has been fined 1.5 billion euros by regulators for manipulating key global interest rates. UBS was found to have rigged the Libor - the rate at which banks lend each other money. The fine follows a similar fine for British bank Barclays of nearly 350 million euros in June. That was also for manipulating the Libor rates. With more than a dozen other banks implicated in the Libor scandal, more fines are expected, explains analyst Jan Randolph.
Eurozone agrees bank supervision ... but not right away