<P> if you keep 6s (i.e., the six - month JPY Libor rate) unchanged today...I will f--ing do one humongous deal with you...Like a 50,000 buck deal, whatever...I need you to keep it as low as possible...if you do that.... I'll pay you, you know, 50,000 dollars, 100,000 dollars...whatever you want...I'm a man of my word . </P> <P> Subsequent trades between UBS and this broker generated more than $250,000 in fees to the broker . </P> <P> US Assistant Attorney General Lanny Breuer described the conduct of UBS's as "simply astonishing" and declared the US would seek, as a criminal matter, the extradition of traders Thomas Alexander William Hayes and Roger Darin . The bank has stated that these and other fines would probably result in a significant fourth - quarter loss in 2012 . The fine levied by the FSA, reduced due to the bank's co-operation, was the largest in the agency's history . </P> <P> In September 2013, ICAP settled allegations that they had manipulated Libor . The United States Department of Justice charged three former employees, and ICAP paid $65 million to the US's Commodity Futures Trading Commission and £ 14 million ($22 million) to Britain's Financial Conduct Authority . </P>

The manipulation of the inter-bank lending rate (libor)