Gibson Dunn advises on UBS forex payout as banks and lawyers gear up for wave of settlements
Gibson Dunn & Crutcher has advised UBS on its $545m (£351m) settlement to US authorities to close investigations into the Swiss bank relating to the alleged rigging of foreign-exchange rates and Libor manipulation. The total payout includes a $342m penalty related solely to forex activities, the bank revealed in a statement on Wednesday (20 May). […]