RBS Said to Face $800 Million Libor Fine

Royal Bank of Scotland Group Plc may pay as much as 500 million pounds ($804 million) in fines next week to settle allegations traders tried to rig interest rates, two people with knowledge of the matter said.
What Do RBS Job Cuts Mean for Investment Banking?
35:34 - March 4 -- RBS may cut as many as 14,000 investment-banking jobs, or more than two thirds of the workforce, as part of a plan to focus on the U.K. consumer market, a person with knowledge of the matter said. Cenkos Securities Bank Analyst Sandy Chen speaks on “The Pulse.”
  • 14,000 Jobs May Be Cut at RBS in Overhaul
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