10 RBS traders sacked over fixing

Taxpayer-backed Royal Bank of Scotland (RBS) has sacked 10 of its traders over their alleged role in the Libor-fixing scandal, sources said today.

Sun, 01 Jul, 2012 - 14:49

Taxpayer-backed Royal Bank of Scotland (RBS) has sacked 10 of its traders over their alleged role in the Libor-fixing scandal, sources said today.

The revelation comes after the bank confirmed it is being investigated for manipulating the rates at which banks lend to each other.

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