UBS Fined $1.5 Billion for Manipulating Libor
Today, UBS has agreed to pay $1.5 billion in fines for its role in manipulating Libor and other benchmark interest rates. This is one of the biggest fines that regulators have levied on a financial...
View ArticleTop Credit Card Stories of the Year
2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card...
View ArticleLowCards.com Weekly Credit Card Update December 21
Consumer Group Warns of Card Surcharges Credit cardholders must be on the watch for new check-out fees that merchants will be able to impose starting in January under a class-action settlement with...
View ArticleRBS Fined $612 Million in Rate-Rigging Scandal
The global investigation into the manipulation of interest rates has led to a third major bank facing significant fines and worldwide embarrassment. Today, Britain's Royal Bank of Scotland was fined...
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UBS To Launch New Luxury Travel Rewards Card
In an attempt to compete with JPMorgan and American Express , Swiss financial services company USB will introduce a new luxury travel rewards credit card. The UBS Visa Infinite card, which launches...
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