Andrew Williams, global head of compliance at UBS AG, left, and... News PhotoBank Manager,Banking,Business,CEO,Corporate Business,Economy,England,Europe,Finance,Financial Occupation,Giving,Global,Global Business,Government,Horizontal,Investment,Leaving,Libor - Interest Rate,London - England,Politics,Portcullis House,Taxi,UBS Investment Bank,UKPhotographer Collection: Bloomberg 2013 BloombergAndrew Williams, global head of compliance at UBS AG, left, and Andrea Orcel, chief executive officer of investment banking at UBS AG, center, leave Portcullis House in a taxi after giving evidence to the U.K. Parliament's Banking Standards Committee hearing on Libor in London, U.K., on Wednesday, Jan. 9, 2013. 'We all got probably too arrogant, too self-convinced the things were correct the way they were -- I think the industry has to change,' Orcel, 49, said at a parliamentary hearing on Libor in London today. Photographer: Chris Ratcliffe/Bloomberg via Getty Images