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By Takahiko Hyuga and Takako Taniguchi |
April 11, 2013
RBS's Japan brokerage unit head will reportedly step down as the company faces punishment for attempts to rig benchmark interest rates.
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By Liam Vaughan and Gavin Finch |
April 10, 2013
Royal Bank of Scotland Group Plc reportedly dismissed a London-based interest-rates trader after settling with regulators over the Libor scandal.
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By Lindsay Fortado, Gavin Finch and Liam Vaughan |
February 6, 2013
Regulators said a RBS trader colluded with a counterpart at UBS AG to pay almost $330,000 in bribes to brokers to help them manipulate global interest rates.
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By Gavin Finch, Lindsay Fortado and Silla Brush, Bloomberg |
February 6, 2013
Royal Bank of Scotland Group Plc, Britain’s biggest publicly owned lender, will pay about $612 million in fines for manipulating interest rates, the second- largest penalty imposed in a global regulatory probe.
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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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By Gavin Finch, Lindsay Fortado and Liam Vaughan |
January 14, 2013
Royal Bank of Scotland may face as much as a 500 million pound ($804 million) fine next week to settle allegations traders tried to rig interest rates.
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By Lindsay Fortado, Bloomberg |
November 9, 2012
U.K. prosecutors are poised to arrest former traders and rate setters at UBS AG, Royal Bank of Scotland Group Plc and Barclays Plc within a month for questioning over their role in the Libor scandal.
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By Andrew Harris, Bloomberg |
October 24, 2012
RBS Financial Products will pay Nevada $42 million to resolve an investigation into the firm’s role in the buying and securitizing of subprime and payment- option adjustable-rate mortgages
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By Gavin Finch, Andrea Tan and Liam Vaughan |
October 4, 2012
Royal Bank of Scotland reportedly suspended a trader for trying to rig the Singapore dollar swap offer rate.
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By Max Abelson, Bloomberg |
October 3, 2012
The combined $63 billion in profit reported by the six largest U.S. lenders over the four quarters through June is more than they earned in any calendar year since the peak in 2006.
