Sign Up

Have an account?

Sign In

Don't have account,

Forget Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account?

Please type your username.

Please type your E-Mail.

Please choose an appropriate title for the question so it can be answered easier.

Please choose the appropriate section so question can be searched easier.

Please choose suitable Keywords Ex: question, poll.

Type the description thoroughly and in details.

Choose from here the video type.

Put here the video id : https://www.youtube.com/watch?v=sdUUx5FdySs Ex: 'sdUUx5FdySs'.

Captcha Click on image to update the captcha.

Search
Ask a Question

Home / Questions / Q 520915
In Process
H.P.Dubey

H.P.Dubey

View Profile
  • 33
Asked: In:

What is rate-fixing scandal of “Royal Bank of Scotland” result in fined on the bank $615 million

  • 33
Share

1 Answer

  1. eAnswers Team

    View Profile
    Added an answer on December 16, 2018 at 4:30 am

    “The Royal Bank of Scotland” (RBS) has been recently fined with 615 million dollars by the European Union for rate fixing scandal. It has been fined for falsely increasing and decreasing their Libor rates to give the impression to the investors that they are more credit worthy than they actually are. Societe Generale, Citigroup, Deutsche Bank and JPMorgan (JPM) are the other companies that have also been fined in this scandal.
    To know more about this scandal, follow this link: http://en.wikipedia.org/wiki/Libor_scandal

    • 0

Leave an answer