The Telegraph reports:
The European Union competition authorities could announce the penalties as early as Wednesday, with up to 10 banks, including Royal Bank of Scotland, Deutsche Bank and Societe Generale, expected to settle cases, according to the Financial Times.
$2.3B? RBS clears that on a put. Good show, lapdogs.
- Banks to Settle EU LIBOR Cases (gilescadman.vg)
- EU fines global banks $2.3 bln for market rigging (abqjournal.com)
- Banks Brace for Large European Union FInes over Libor Involvement (goldenageofgaia.com)
- Global banks $2.3B for market rigging (toledoblade.com)
- Banks fined record €1.7bn for rate-rigging (thetimes.co.uk)
- European Commission Fines Major Banks $2.3 Billion for Market Manipulation (theepochtimes.com)
- EU fines global banks $2.3 bln for market rigging (cnsnews.com)
- EU fines group of global banks $2.3 billion for colluding to profit from interest rates market (macleans.ca)
- EU fines global banks $2.3 bln for market rigging (themeshreport.com)
- EU fines global banks $2.3 bln for market rigging (seattletimes.com)