RBS Libor fines expected to total £400m

Royal Bank of Scotland (RBS) is expected to be fined a total of about £400m ($625m) by UK and US regulators later as a result of the Libor scandal. The head of RBS’s investment banking arm since 2008, John Hourican, is also expected to step down. However, there is no suggestion he was involve…

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RBS Libor fines expected to total £400m

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