Royal Bank of Scotland RBS

RBS, BCS fined over Libor Dispute, HBC is Next Target

According to Marketwatch, the Royal Bank of Scotland Group plc (NYSE:RBS) will be fined 150 million British pounds ($233 million) by regulators after reports came out that RBS was involved in manipulating the London Interbank Offered Rate, Libor rate.

Earlier this week, Barclays PLC (NYSE:BCS) was fined $452 million for offences that were related to manipulating the labor rates.  The charges came from UK and US regulators and . . .


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