RBS suspends senior trader in Libor probe: source

Rain's picture

Baltimore Sun -Matt Scuffham and Anjuli Davies Reuters, 10/15/12

A logo of an Royal Bank of Scotland (RBS) is seen at a branch in London

A logo of an Royal Bank of Scotland (RBS) is seen at a branch in London (STEFAN WERMUTH, REUTERS / October 15, 2012)

LONDON (Reuters) - Royal Bank of Scotland has suspended a senior rates trader as part of an internal probe into the setting of Libor and other interest rates, a person familiar with the matter told Reuters.

The part-nationalized British bank suspended Jezri Mohideen, head of rates trading for Europe and the Asia-Pacific region, on October 12, the source said on Monday.

 

To read the rest of this story, visit BaltimoreSun.com.

Category: