RBS Suspends Three Employees, May Claw Back Pay Amid Forex Fine
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Royal Bank of Scotland Group Plc suspended three employees and may claw back pay after it was fined about $636 million in a currency rigging settlement.
Britain’s largest taxpayer-owned bank is reviewing the conduct of more than 50 of its current and former traders, it said in a statement today. The Edinburgh-based lender said it would make a public statement on its progress before the end of the year.