UBS Immunity, RBS Ad Ban, Pentagon Capital: Compliance
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UBS AG, Switzerland’s biggest bank, sought immunity from prosecution by Canadian regulators probing a potential conspiracy to rig the price of derivatives worldwide, three people with knowledge of the inquiry said.
The lender is the cooperating party referred to by Canada’s Competition Bureau in court papers filed by the regulator with the Ontario Superior Court in May, said the people, who declined to be identified, because the identity of the firm hasn’t been made public.