The Money Scam Royal Bank of Scotland Faces Huge Fine
Royal Bank of Scotland Faces Huge Fine
Monday, 30 July 2012 06:19
Posted by David Icke
'Chief of the Royal Bank of Scotland (RBS) Stephen Hester has warned that the bank’s reputation is to be hit again as it faces a huge fine from the Libor scandal, which consumed Barclays.
The recent computer meltdown at the RBS prevented around 13m customers from accessing their accounts for up to a month, but the problem appeared to have been distracted by the fine on Barclays that came to £290m.
Saying the Libor scandal was bad for the whole banking industry, Hester added, "RBS is one of the banks tied up in Libor. We'll have our day in that particular spotlight as well."'
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