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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 Write to

Stock News for Royal Bank of Scotland Grp. (RBS)
10/01/201510:50:00Wall Street Banks in Credit Swaps Settlement
09/30/201507:12:00Italian Non-Performing Loan Portfolios Attract At Least 7 Bidders...
09/10/201518:20:00Citigroup Names New Treasurer
09/10/201504:31:00RBS Sells Corporate Loan Commitments Portfolio for GBP498 Million
08/12/201514:30:45Citizens Bank Fined for Failing to Credit Consumers for Full...
08/06/201503:58:31Royal Bank Of Scotland Prices $3.15 Billion of Bonds
08/04/201504:10:06U.K. Sells 5.4% Stake in RBS
08/04/201504:01:13U.K. Sells 5.4% Stake in RBS -- 2nd Update
08/04/201503:40:21U.K. Sells 5.4% Stake in RBS -- Update
08/04/201502:53:13UK Financial Investments Sells 5.4% of RBS
08/03/201513:32:34U.K. Treasury Begins RBS Privatization -- Update
08/03/201512:58:15U.K. Treasury Begins RBS Privatization
08/03/201509:10:03U.K. Treasury Sounds Out Investors Over RBS Privatization
08/03/201509:01:15U.K. Treasury Prepares for Royal Bank of Scotland Privatization
07/30/201509:00:16Global Markets Waver as Investors Eye Earnings
07/30/201504:40:22Global Stocks Rise on Upbeat Earnings
07/30/201504:04:32RBS Warns of Long Wait for Dividend Despite Rise in Profit...
07/30/201503:20:09RBS Posts Rise in Profit
07/30/201502:54:56RBS Posts Rise in Profit as Retrenchment Continues
07/29/201503:30:09RBS Plans $2.2 Billion Citizens Sale

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