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RBS hit with £390m Libor fine

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    RBS hit with £390m Libor fine

    RBS hit with £390m Libor fine | News | Mortgage Strategy

    The Parliamentry Commission on Banking Standards is set to take evidence from the chairman - Sir Philip Hampton and the chief executive - Stephen Hester and will decide the future of RBS.

    As over 80% of RBS is owned by the state, the good news is that George Osborne has confirmed that the fine will not be paid by the taxpayer.

    #2
    So will banks need to update their systems to deal with some new strict government rules?

    I hope so - keerrrrrching!!!!
    "He's actually ripped" - Jared Padalecki

    https://youtu.be/l-PUnsCL590?list=PL...dNeCyi9a&t=615

    Comment


      #3
      390m is probably nothing considering what they probably made.

      Next up is? I would assume they will be getting quite a few more. ( probably client co )

      Comment

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