March 6, 2013
BoE’s Mervyn King: Government’s RBS Strategy ‘Nonsense’

http://www.ibtimes.co.uk/articles/442839/20130306/rbs-mervyn-king-boe-banking-commission-osborne.htm

February 11, 2013
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.

February 11, 2013
"Nielsen confirms that Libor rigging traders were motivated by personal profit rather than making profit for the bank."

http://live.ibtimes.co.uk/Event/UK_Bank_Standards_Bonuses_and_Scandals_RBS_To_Give_Parliamentary_Evidence

February 11, 2013
The first set of surprise executives to kick off (Photo: Parliament TV)
http://live.ibtimes.co.uk/Event/UK_Bank_Standards_Bonuses_and_Scandals_RBS_To_Give_Parliamentary_Evidence

The first set of surprise executives to kick off (Photo: Parliament TV)

http://live.ibtimes.co.uk/Event/UK_Bank_Standards_Bonuses_and_Scandals_RBS_To_Give_Parliamentary_Evidence

February 11, 2013
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.
 

February 11, 2013
Libor Fixing Scandal: RBS’ Hester ‘This Whole Episode Disgusts Me’

http://live.ibtimes.co.uk/Event/UK_Bank_Standards_Bonuses_and_Scandals_RBS_To_Give_Parliamentary_Evidence

February 11, 2013
UK Bank Standards, Bonuses and Scandals: RBS To Give Parliamentary Evidence Live

http://www.ibtimes.co.uk/articles/433797/20130211/rbs-libor-fixing-stephen-hester-philip-hampton.htm

February 6, 2013
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

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

February 6, 2013
RBS Bankers’ Bonuses Clawback to Pay for $475m US Libor Fixing Fine

http://www.ibtimes.co.uk/articles/432187/20130206/rbs-libor-fixing-fine-cftc-doj-greg.htm

February 6, 2013
RBS to Pay £390m to US, UK Regulators to Settle Libor Fixing Charges.
http://www.ibtimes.co.uk/articles/432130/20130206/rbs-libor-hourican-fine-fixing-criminal.htm

RBS to Pay £390m to US, UK Regulators to Settle Libor Fixing Charges.

http://www.ibtimes.co.uk/articles/432130/20130206/rbs-libor-hourican-fine-fixing-criminal.htm

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