Royal Bank of Scotland set for talks to settle Libor-rigging claims

Written By Unknown on Friday, 2 November 2012 | 12:43

Royal Bank of Scotland is scheming to enter talks with regulators to settle Libor-rigging claims, a arch executive pronounced on Friday, as a bailed-out bank prepares to face a vital excellent for a attempted strategy of a pivotal seductiveness rate.

As RBS suggested that a payment insurance insurance (PPI) liaison was now costing it £1.7bn, Stephen Hester pronounced he would be unhappy if he did not have some-more news on a scale of a Libor conditions by a time a bank reported a full-year formula in February.

The bank, only over 80% owned by a taxpayer, does not nonetheless know if a excellent it incurs will be

Read full article: http://www.ft.com/cms/s/2/fcb142e2-1a06-11e2-a179-00144feabdc0.html


Source:
http://www.news.ezonearticle.com/2012/11/02/royal-bank-of-scotland-set-for-talks-to-settle-libor-rigging-claims/

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