Bloomberg News

RBS Dismissed 10 Traders Over Libor Manipulation, PA Reports

July 01, 2012

Royal Bank of Scotland Group Plc dismissed 10 traders in connection with alleged manipulation of Libor rates, the Press Association reported, citing unidentified sources.

It is not known when the traders were let go, the news agency said. RBS has not commented, PA reported.

Calls made outside of regular business hours to RBS spokesman Michael Strachan were not immediately returned today.

To contact the reporter on this story: Zijing Wu in London at zwu17@bloomberg.net

To contact the editor responsible for this story: Jacqueline Simmons at jackiem@bloomberg.net


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