RBS close to 350 mln stg Libor settlement - paper
LONDON Dec 16 (Reuters) - Royal Bank of Scotland is braced for a penalty of more than 350 million pounds ($564 million) for its role in a global interest rate rigging scandal, the Sunday Times newspaper reported, without citing sources.
The British newspaper said part state-owned RBS is nearing a deal with regulators in Europe and North America over its part in the Libor interest rate rigging scandal, and is expected to agree a settlement early next month.
RBS declined to comment.
- Russia criticizes EU sanctions, raps U.S. over Ukraine role
- First Ebola victim in Sierra Leone capital on the run
- Short Gaza truce takes hold; many bodies pulled from rubble |
- Amazon's far-reaching ambitions, lack of profits, unnerve investors |
- Apple iPhones allow extraction of deep personal data, researcher finds