Ex UBS boss blames "mercenaries" for Libor debacle

LONDON/ZURICH (Reuters) - The former chief executive of UBS blamed "mercenaries" for its role in the global interest-rate rigging scandal that has further undermined the Swiss bank's once venerable reputation. UBS was fined a record $1.5 billion (931.8 million pounds) last month for manipulating Libor interest rates, the latest in a string of debacles - including a $2.3 billion rogue-trading loss and a tax avoidance row with the United States - that have rocked Switzerland's largest lender. ...