Regulators have confirmed a compensation fund of £1.3bn for up to seven million victims of another insurance mis-selling scandal. The announcement, which was made 12 hours after Sky News was handed details of the Financial Conduct Authority’s agreement with banks , outlined how Card Protection Plan Limited (CPP) and 13 […]
Tag: RBS
At least three banks seen central to Libor rigging
By Carrick Mollenkamp and Emily Flitter | Reuters New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates. Some of those traders, including one who used to […]
