(Photos: Reuters)
(Photos: Reuters)

Former UBS chief executive Marcel Rohner and former Financial Services Authority boss Hector Sants face the Parliamentary Commission on Banking Standards Thursday following a slew of scandals in the banking industry including the widespread manipulation of Libor and the biggest 'rogue trader' loss in UK history at the Swiss bank.

Current UBS chiefs, Andrea Orcel, Chief Executive Officer of the Investment Bank, UBS, Philip Lofts, Group Chief Risk Officer and Andrew Williams, Global Head of Compliance all answered nearly 3 hours of MPs' questions Wednesday.

Follow our live coverage from UK parliament on our Libor Fixing Scandal: Ex-UBS and FSA Heavyweights Face UK MPs