WebFeb 6, 2013 · RBS fined for Libor rigging, more to come. by Mark Thompson @MarkThompsonCNN February 6, 2013: 11:17 AM ET . Three banks have so far paid over $2.5 billion in Libor fines. WebAug 3, 2010 · Royal Bank of Scotland (RBS) has been fined £5.6 million by the Financial Services Authority (FSA) for IT systems failures that could have resulted in terrorist financing. The FSA says the group ...
RBS settles US Department of Justice investigation with $4.9bn fine R…
WebFeb 6, 2013 · Wed 6 Feb 2013 15.27 EST. Royal Bank of Scotland was handed a £390m fine on Wednesday for "widespread misconduct" in rigging the Libor rate until as recently as … WebApr 9, 2024 · Royal Bank of Scotland (RBS) misconduct (2014): The FCA fined RBS £56 million for misconduct related to its handling of customer complaints about mortgage arrears. The FCA found that RBS had failed to provide appropriate levels of support to customers in financial difficulty and had not properly investigated their complaints. samsung buds right ear not working
RBS fined £5.6m for incorrectly reporting trades - BBC News
WebFeb 7, 2013 · The foul stench of the Libor scandal lingers on. This week, Royal Bank of Scotland (RBS) became the third bank to settle with authorities over its involvement in the rate-manipulation affair, paying a combined total of £390 million (approximately $610 million) to the U.S. Commodity Futures Trading Commission, U.S. Department of Justice, … WebThe CFTC specifically fined: $310 million each for Citibank and JPMorgan, $290 million each for RBS and UBS, and $275 million for HSBC. The CFTC found that currency traders at the five banks coordinated their trading with traders at other banks in order to manipulate the foreign exchange benchmark rates, including the 16:00 WM/Reuters rates. WebFeb 6, 2013 · RBS traders aided dealers at other banks, including UBS, to rig the rates. The abuse at RBS occurred from at least 2006 until late 2010 - after some of the traders … samsung buds pro windows 10