RBS bank to pay ‘significant penalties’ over Libor
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...
Libor rate scandal
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....
Barclays takes extra £1bn charge for mis-selling
by AFP
London: Barclays bank set aside another £1.0 billion on Tuesday to cover compensation for mis-selling credit insurance and interest rate hedging products, adding to its...