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NWG Natwest Group Plc

312.00
7.00 (2.30%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Natwest Group Plc LSE:NWG London Ordinary Share GB00BM8PJY71 ORD 107.69P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.00 2.30% 312.00 312.90 313.00 317.90 307.00 307.00 58,606,922 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 14.77B 4.64B 0.5271 5.94 27.52B

RBS Managers Said to Condone Manipulation of Libor Rates-Bloomberg

25/09/2012 12:24pm

Dow Jones News


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Managers of the Royal Bank of Scotland Group Plc (RBS.LN) routinely sought to influence the firm's submission of Libor rates between 2007 and 2010 to profit from derivative bets, Bloomberg reported Tuesday, citing employees, regulators and lawyers it interviewed. This indicates wrongdoing extended beyond the four traders the firm has fired. Traders also discussed with their counterparts at other firms where the rates should be set, the report said. RBS is one of at least a dozen firms currently under investigation by regulators worldwide over rate-rigging allegations.

Full story at http://www.bloomberg.com/news/2012-09-24/rbs-managers-said-to-condone-manipulation-of-libor-rates.html

Write to nymonitoring@dowjones.com

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