Japan has revealed infringements "UBS" and "Citigroup"

"Citigroup" world's largest corporations

This week in Japan unit Securities Commission appealed to the higher authorities to report on the measures against the Japanese unit "UBS Securites" and "Citigroup", which in the opinion of the commission tried to change the three-month interbank interest rate.

In a statement submitted to the site of the Commission for the Securities and Exchange Commission of Japan reported that staff "Citigroup" and "UBS" tried to influence the process of establishing at TIBOR.
Brief TIBOR. TIBOR (Tokyo Interbank Offered Rate) - is a weighted average interest rate of refinancing. Under this rate at the Tokyo interbank offered loans to the largest banks in Japan. Typically, these banks act in the interbank market with the offer of funds for various periods and in different currencies. Tokyo Interbank Offered Rate published daily Japanese Bankers Association (JBA).

one of the buildings of the bank "UBS"

"UBS" - this is one of the largest banks in Switzerland. Bank located within many countries and provides various financial services. The headquarters of the bank "UBS" is located in Basel and Tsyurehe. For now the Swiss bank is the second largest bank in Europe, both in profitability and capitalization.
"Citigroup Inc." - The largest multinational corporation, which currently is one of the world leaders in the financial services industry. "Citigroup" was formed April 7, 1998. A corporation formed by the combination "Citicorp" and "Travelers Group". The bank manages assets worth about 1.9. trillions of dollars. "Citigroup" is a primary dealer of U.S. Treasury securities.