Royal Bank of Scotland fined $612 mn to settle Libor probe
by borisgreene008, Window Shopper
- Created: February 20, 2013, 9:17 pm
RBS, which is 81-percent owned by the government, said it has agreed to pay the equivalent of £391 million to regulators, becoming the third bank to admit its part in the Libor affair after British rival Barclays and Swiss lender UBS.—admitting the crime done wont save you from the punishment. Who else is with me, agreeing that it is only proper that they should pay the price?
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