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Home > RBS suspends senior trader in Libor probe: source

RBS suspends senior trader in Libor probe: source [1]

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Submitted by Rain on Wed, 10/17/2012 - 07:59

Baltimore Sun -Matt Scuffham and Anjuli Davies Reuters, 10/15/12

A logo of an Royal Bank of Scotland (RBS) is seen at a branch in London

A logo of an Royal Bank of Scotland (RBS) is seen at a branch in London (STEFAN WERMUTH, REUTERS / October 15, 2012)

LONDON (Reuters) - Royal Bank of Scotland has suspended a senior rates trader as part of an internal probe into the setting of Libor and other interest rates, a person familiar with the matter told Reuters.

The part-nationalized British bank suspended Jezri Mohideen, head of rates trading for Europe and the Asia-Pacific region, on October 12, the source said on Monday.

 

To read the rest of this story, visit BaltimoreSun.com. [2]

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  • 3D News [3]

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[1] //soundofheart.org/galacticfreepress/content/rbs-suspends-senior-trader-libor-probe-source
[2] http://www.baltimoresun.com/business/sns-rt-us-rbs-traderbre89e10x-20121015,0,3204335.story
[3] //soundofheart.org/galacticfreepress/type-post/3d-news