RBS Said to Suspend Trader as Rate-Rigging Spreads Beyond Libor

RBS Said to Suspend Trader as Rate-Rigging Spreads Beyond Libor

Munshi Ahmed/Bloomberg

Pedestrians pass the south tower at One Raffles Quay, which houses the offices of the Royal Bank of Scotland Group Plc (RBS), in Singapore. The Monetary Authority of Singapore, the country’s central bank, said in July it will examine how banks are setting “key market interest rate benchmarks” amid similar reviews by regulators in Europe and the U.S.