RBS Suspends Head of Rates Trading in Libor Probe

Royal Bank of Scotland Group Plc suspended its head of rates trading for Europe and the Asia-Pacific region, the first senior manager to be put on leave as part of the lender’s probe into allegations of Libor-rigging, two people with knowledge of the move said.

Jim Rogers Says Fed Has No Clue, Will 'Ruin Us All'
01:50 - Jim Rogers, chairman at Rogers Holdings, explains what the Federal Reserve did wrong in response to the financial crisis and how their mistakes spread to global central banks. Jane Foley, senior FX strategist at Rabobank, joins the conversation with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)
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