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UBS Says Not Responsible For Bribes In $400M Swaps Deals

By Alex Davis ( May 15, 2017, 8:19 PM BST) -- The High Court was wrong to hold UBS AG responsible for bribes paid by a financial advisory service to the director of a German water utility in order to push through complex derivatives trades worth a notional $400 million, counsel for the Swiss bank told the Court of Appeal on Monday....

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