Royal Bank of Scotland RBS suspends another trader over Libor

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The Guardian - 10/26/12, Jill Treanor

Royal Bank of Scotland has suspended another trader as part of its ongoing investigation into the potential manipulation of Libor

RBS

RBS suspends another trader. Photograph: Andy Rain/EPA

Royal Bank of Scotland has suspended another trader as part of its ongoing investigation into the potential manipulation of Libor.

The bailed-out bank has already warned that it expects to be fined by regulators for its role in attempting to fix the key benchmark interest rate which has cost Barclays £290m in penalties.

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