UK banks announce Libor rate-setting reform
LONDON: The British Bankers’ Association on Wednesday announced changes to Libor interest-rate transparency in a bid to avoid a repeat of last year’s rate-rigging...
Libor rate rigging scandal
RBS bank to pay ‘significant penalties’ over Libor
by AFP
London: Royal Bank of Scotland on Wednesday said it expected to pay “significant penalties” and face other sanctions from British and US financial regulators over...
RBS investment banking chief to quit over Libor
by AFP
London: The head of the Royal Bank of Scotland’s investment banking arm is to step down over the Libor rate-rigging scandal, British media reported....