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Royal Bank of Scotland dreads release of Libor scandal emails

From dailymail.co.uk

Royal Bank of Scotland is bracing itself for humiliation over Libor with insiders warning of a dossier of embarrassing emails linked to the rate-rigging scandal. UBS is expected to be the second bank to be named, shamed and fined by regulators investigating attempts to manipulate the crucial London Interbank Offered Rate interest rate. RBS is likely to be forced into the public spotlight shortly afterwards. The Swiss bank is expected to be fined more than £300 million within the next few days by the Financial Services Authority and the US’s Securities and Exchange Commission over attempts by some of its traders to ... (full story)

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