Basic Search  |  Summaries  |  Advanced SearchPenalty: £87,500,000
Year: 2013
Date: 6 February, 2013
Offence Group: competition-related offences
Offence Type: interest rate benchmark manipulation
Violation Description: RBS paid £87.5 million in settlement of a finding by the FSA that the company's employees sought to manipulate LIBOR through collusion in the company and with other banks and traders.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking & securities
Source of Data: (click here)