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Royal Bank of Scotland RBS suspends another trader over Libor

Saturday, October 27, 2012 7:15
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(Before It's News)

The Guardian – 10/26/12, Jill Treanor

Royal Bank of Scotland has suspended another trader as part of its ongoing investigation into the potential manipulation of Libor

RBS

RBS suspends another trader. Photograph: Andy Rain/EPA

Royal Bank of Scotland has suspended another trader as part of its ongoing investigation into the potential manipulation of Libor.

The bailed-out bank has already warned that it expects to be fined by regulators for its role in attempting to fix the key benchmark interest rate which has cost Barclays £290m in penalties.

To read the rest of this story, visit Guardian.co.uk.



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