3rd bank OKs fine for fixing key rate

Change Location | More Weather »
Sunday, May 26, 2013 |

(Advertisement)

3rd bank OKs fine for fixing key rate

By DANIELLE DOUGLAS THE WASHINGTON POST

Posted: February 7, 2013 at 3:17 a.m.

Royal Bank of Scotland on Wednesday became the third international bank to reach a settlement in the ongoing investigation of the widespread manipulation of the global interest rate known as the London interbank offered rate, or Libor.

This story is only available from our archives.

Business, Pages 25 on 02/07/2013

(Advertisement)

« Previous Story

Steel-maker sees $4 billion loss

A steel worker from ArcelorMittal demonstrates Wednesday Feb. 6, 2013, near the European Parliament in Strasbourg, eastern France. Steel workers coming from Belgium, Luxemburg and northern France gathered to protest against jobs cuts as ArcelorMittal was presenting its fourth quarter earnings. Charges related to its ailing European business and a drop in the value of its assets saw ArcelorMittal SA, the world's largest steel maker, post a near US dlrs 4 billion (euro 3 billion) loss for the fourth quarter. (AP Photo/Christian Lutz)

ArcelorMittal SA, the world’s largest steel-maker, posted a near $4 billion loss for the fourth quarter, hurt ... Read »

Shale gas glut closing nuke plants

Duke Energy’s decision to dismantle a Florida nuclear power plant rather than pay for repairs is a sign of how rapidly natural gas is remaking the U.S. power industry, spee... Read »

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.

Use the comment form below to begin a discussion about this content.

Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.

Material from the Associated Press is Copyright © 2010, Associated Press and may not be published, broadcast, rewritten, or redistributed. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. All rights reserved.