UK Bank Standards, Bonuses and Scandals: RBS To Give Parliamentary Evidence Live

MPs question the management structure that allowed Libor rigging to take place:
Nielsen:
I was not aware that the derivatives traders were making these requests [errant trades made by Libor riggers]. I think we were [management] was aware of issues on the trading floor on Yen Libor trades and that we thought that it was a mathematical impossibility to [rig rates] because of the topping and tailing structure.But we we wrong.

UK Bank Standards, Bonuses and Scandals: RBS To Give Parliamentary Evidence Live

* Stephen Hester, CEO at RBS and Philip Hampton, Chairman at RBS will give evidence to the Parliamentary Commission on Banking Standards

 
* Will be answering questions over its banking practices that led to its £390m settlement to Libor fixing related matters and what RBS is doing to prevent these issues from happening again.
 
Libor Fixing Scandal: Stephen Hester Remains RBS CEO and Will Not Return Bonus.
http://www.ibtimes.co.uk/articles/432218/20130206/libor-fixing-rbs-stephen-hester-philip-hampton.htm