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The Standard Group Plc is a
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UBS will plead guilty to rigging benchmark interest rates and pay Sh51 billion to U.S. authorities to settle their probe into alleged manipulation of foreign exchange rates.
The Swiss bank's payment is part of what is expected to be a combined $5 billion settlement by five of the world's biggest banks with U.S. and British authorities over alleged manipulation of the $5-trillion-a-day forex market.
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