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Assad Foe Tells Syrian Leader To Cede Power To Officials
North Korea Says Willing To Take China's Advice To Start Talks
Initial Jobless Claims Fall To 340,000
Obama's new Energy chief: Climate change ‘not debatable’
Intercontinental Missile Test-Launched in Calif.
Obama Seeks to Make Acting GSA Head Permanent

UBS Fined $1.5 Billion for Manipulating Libor

BY: Washington Free Beacon Staff — December 19, 2012 3:57 pm

Swiss bank UBS has agreed to pay roughly $1.5 billion in fines to settle accusations that it was involved in rigging interest rates to boost its trading profits.

O’s Swiss Banker Resigns from UBS

BY: Washington Free Beacon Staff — July 19, 2012 4:46 pm

President Barack Obama’s embattled Swiss banker bundler and frequent golf companion has parted ways with UBS.

UBS cracks down on Obama golf partner bundler

BY: Washington Free Beacon Staff — June 21, 2012 8:52 am

Obama’s Swiss Banker

Head of Swiss finance house UBS Investment Bank is one of president’s biggest bundlers

BY: Andrew Stiles — April 24, 2012 2:34 pm

Wolf and Obama in Martha's Vineyard in 2010 / AP Images

One of President Obama’s largest financial backers is a key executive at the largest Swiss bank in the world, complicating his criticism of presumptive Republican nominee Mitt Romney.