RBS to Pay $612M in Latest Libor Fines

Time to fix banking culture: chairman

By Matt Cantor,  Newser Staff

Posted Feb 6, 2013 10:50 AM CST

(Newser) – Royal Bank of Scotland is the latest bank to owe big following the Libor rate-fixing scandal. The British institution has been fined a total of $612 million to US and British regulators: some $325 million to the US Commodity Futures Trading Commission, $150 million to...   Read full story »

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