RBS may face charges and £500m fine

Press Association
Updated
RBS
RBS

Royal Bank of Scotland (RBS) is expected to face criminal charges and a £500 million fine for its role in the Libor rate-rigging scandal.


The bank is likely to announce the settlement with the Financial Services Authority (FSA) and American regulators, a day after it emerged investment banking boss John Hourican is to step down.
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