Tag: RBS

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Four Danish Banks Fixed Cibor in 2011

CIBOR scandal in Denmark. JyllandsPosten has: Quote: Four Danish banks that in 2011 vere among the eight that fixed the CIBOR (Copenhagen Inter Bank Offered Rate), have persistently reported higher interest rates than foreign banks. Both the Bankers Association and […]

RBS, DB and UBS to Pay Relatively Small Fines

RBS, DB and UBS to Pay Relatively Small Fines

  The banks involved in the Libor scandal may face crippling legal fines according to analysts estimate. Royal Bank of Scotland Group plc (NYSE:RBS) and Deutsche Bank AG (NYSE:DB) are expected to pay the highest legal costs. According to Bloomberg, Betsy Graseck […]