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.

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

The date on which the traders were removed from their posts is not known.

RBS has not commented on the sackings.