The British trader accused of contributing to the 2010 flash crash is making another attempt to reduce his $7.8m bail after spending the last three months in jail.
A French court reduced the bail HSBC must post in connection with a criminal probe into tax evasion by its private-banking clients to $112m from $1.075bn.
The French division of UBS has been placed under formal investigation by French authorities and been asked to pay a $43.5m bail, UBS said on Friday, in an escalation of a long-running probe into allegations the bank helped clients avoid taxes.
A former employee of the British brokerage firm Tullett Prebon Group made his first appearance in a London court on Tuesday in a criminal inquiry into the manipulation of a global benchmark interest rate, and he was released on bail.
UBS was placed under formal investigation by the French authorities on Wednesday and ordered to post bail of more than around $1.5bn in the kind of tax-evasion case that ensnared it in the United States several years ago.