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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)
11/19/201509:10:00U.K. Regulators Heap More Criticism on HBOS Bosses
11/13/201505:40:00Cerberus Buys $20 Billion Loan Portfolio From Nationalized U.K...
10/30/201521:18:09Royal Bank of Scotland's (RBS) CEO Ross McEwan on Q3 2015 Results...
10/30/201509:32:00RBS Completes Sale of Stake in Citizens Financial Group
10/29/201520:22:00RBS to Exit Remaining Citizens Financial Stake
10/23/201510:10:00Citizens Financial Logs Higher Profit
10/22/201504:10:00U.K. Banking Isn't Competitive Enough, Says Regulator
10/21/201506:50:00BOE to Toughen Stress Tests for Large U.K. Banks
10/16/201507:00:16Wall Street Breakfast: Media Buzz Hits The Street
10/16/201504:43:11U.K. releases ringfencing details
10/15/201507:19:00New Rules Force U.K. Banks to Restructure, Hold Extra Capital...
10/15/201505:57:00Ringfenced British Banks Will Need BOE Permission to Pay Dividends--Update
10/08/201514:58:00Deutsche Bank: Tip of the Iceberg for Cutbacks at European Banks?
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

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