WASHINGTON The United States will seek the extradition of two former senior UBS UBSN.VX(UBS.N) traders criminally charged as part of a probe into the bank's rigging of the Libor interest rate benchmark, a top U.S. official said.
"We're going to seek their extradition and our investigation continues," Lanny Breuer, assistant attorney general for the criminal division at the U.S. Justice Department, told a news conference on Wednesday.
The criminal complaints are against former traders Tom Hayes and Roger Darin.
"We believe that one of them is in England. The other one is in Switzerland," Breuer said.
"Mr. Hayes obviously was a very, very major trader, and we're going to continue to move forward."
(Reporting by Douwe Miedema; Editing by Jeffrey Benkoe)
Paytm parent One97 says MediaTek to invest $60 million
MUMBAI Taiwan's largest chip designer MediaTek Inc is investing $60 million in India's One97 Communications, valuing the payment services and e-commerce firm at about $5 billion, the company said on Tuesday.
Wall St. weighed by Apple but banks shine on
NEW YORK Apple Inc was the largest weight on U.S. stock indexes on Tuesday after antitrust regulators ordered the company to pay about $14.5 billion in back taxes to the Irish government, but gains in bank shares partly offset the decline.
Google expands nascent ride-sharing service - WSJ
Alphabet Inc's Google unit plans to open its ride-sharing programme to Waze app users in San Francisco this fall, pitting itself against Uber Technologies Inc, the Wall Street Journal reported.