Arrests by U.K. authorities of former traders at Barclays (BCS), RBS, and UBS in conjunction...

|About: Barclays PLC (BCS)|By:, SA News Editor

Arrests by U.K. authorities of former traders at Barclays (BCS), RBS, and UBS in conjunction with the Libor issue are near, according to a source with knowledge of the investigation. The arrests don't necessarily mean charges will be filed, but instead allow prosecutors to more closely question those involved.