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Business Scotland
Business, finance and the economy in Scotland
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RBS could face Libor fines, admits Hester

RBS could face Libor fines, admits Hester | Business Scotland | Scoop.it
The Royal Bank of Scotland's chief executive, Stephen Hester, warned yesterday that the bank could face fines rivalling those Barclays was forced to pay in the wake of the rate-fixing scandal.
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Sir Angus Grossart says Libor fixing scandal raises big banking questions - Business - Scotsman.com

Sir Angus Grossart says Libor fixing scandal raises big banking questions - Business - Scotsman.com | Business Scotland | Scoop.it
VETERAN financier Sir Angus Grossart has weighed into the Libor fixing scandal and said the crisis, which is expected to exact £14 billion in fines from a number of banks, has “reinforced the argument” for separating retail and wholesale “casino”...
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