RBS Fined £390m Over Libor
07 February 2013
Both US and UK authorities have ruled on RBS’ involvement in the rigging of the Libor rate. The US regulators fined the bank for about £300m, while the UK’s Financial Services Authority settled for £87.5m. The fine amounts to £100m more than Barclays’ fine last year.
Want more news and commentary delivered right to your inbox? Sign up for our daily newsletter now!
Please send all press releases and story ideas to Ben Carsley at bcarsley@pymnts.com.
Web service by Webbuilders Group
Social Center