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Libor Traders Are Said to Avoid Charges in U.K. Probe -Bloomberg

Traders suspected of manipulating the London interbank offered rate, or Libor, are unlikely to face criminal charges in a U.K. regulatory probe, Bloomberg News reported Wednesday, citing people with knowledge of the matter. The banks that employed the traders, however, could face record fines, according to the report. Royal Bank of Scotland Group PLC (RBS.LN), UBS AG (UBS), Deutsche Bank AG (DBK.XE), and Citigroup Inc. (C) are among the institutions being investigated by regulators worldwide. U.S. Securities and Exchange Commission and Commodities Futures Trade Commission officials have been present at some interviews the U.K. Financial Services Authority are holding with traders, Bloomberg reported, citing sources. Spokesmen for the FSA, CFTC and SEC declined to comment, Bloomberg reported. Full story at http://www.bloomberg.com/news/2012-06-13/libor-traders-said-to-avoid-charges-in-british-probe.html Write to nymonitoring@dowjones.com

Stock News for Royal Bank of Scotland Grp. (RBS)
DateTimeHeadline
02/26/201520:08:00Global Retreat By RBS Stings US
02/26/201518:18:13ADR Shares End Mixed; Reed Elsevier Trades Actively
02/26/201515:33:37Correction to RBS Story
02/26/201515:01:09RBS to Reduce Global Footprint -- 4th Update
02/26/201514:21:36RBS to Reduce Global Footprint -- 3rd Update
02/26/201512:37:08LONDON MARKETS: FTSE 100 Hits Record High As Standard Chartered...
02/26/201511:58:29New Standard Chartered Head Bill Winters Draws Rave Reviews
02/26/201511:09:52Hampton to Become GlaxoSmithKline Chairman on May 7
02/26/201509:04:16Correction to RBS to Reduce Global Footprint Story
02/26/201507:31:04RBS to Reduce Global Footprint -- Update
02/26/201506:34:49LONDON MARKETS: Standard Chartered Gains, But RBS Drops In London...
02/26/201505:36:21Mizuho to Buy Royal Bank of Scotland's US Loan Assets for $3...
02/26/201503:28:22Phoenix Group Chairman Howard Davies Resigns to Join RBS
02/26/201503:01:15RBS Posts Seventh Straight Loss
02/25/201521:50:29Mizuho in Talks to Buy U.S. Loan Assets of RBS
02/23/201513:39:54LONDON MARKETS: FTSE 100 Slips As HSBC Shares Mark Worst Session...
02/23/201513:19:49LONDON MARKETS: HSBC Shares Hit In London Trade, Pulling FTSE...
02/20/201519:33:11U.S. Units of Deutsche Bank, Santander Expected to Fail Fed's...
02/18/201505:30:33LONDON MARKETS: Tesco Helps Push FTSE 100 Higher; Pound Climbs...

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