BRIEF-Need to avert public anger over RBS Libor fine -Osborne

LONDON Mon Feb 4, 2013 6:44am EST

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LONDON Feb 4 (Reuters) - UK finance minister George Osborne says: * UK finance minister osborne says compliant banks have "nothing to fear" from

electrified ring fence * UK finance minister says taxpayer money going to pay RBS libor fines would

have created "enormous public anger" * UK finance minister says it's "well known" that RBS is "thinking about

changes in the senior management" of investment bank * UK finance minister says those who were supervising libor traders at RBS

"must also bear a level of responsibility"

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