As Unit Pleads Guilty, R.B.S. Pays $612 Million Over Rate Rigging

The Royal Bank of Scotland on Wednesday struck a combined $612 million settlement with American and British authorities over accusations that it manipulated interest rates, the latest case to emerge from a broad international investigation. In an embarrassing blow to the bank, its Japanese subsid…

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As Unit Pleads Guilty, R.B.S. Pays $612 Million Over Rate Rigging