UBS said to have suspended forex traders

[LONDON] UBS AG has suspended foreign-exchange traders in the US, Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter.

They include Onur Sert, an emerging-markets spot trader based in New York, and at least three more worldwide, said the person, who asked not to be identified because of the probe.

Mr Sert and Dominik von Arx, a spokesman for UBS in London, both declined to comment on the suspensions.