Four RBS employees sacked

Taxpayer-backed Royal Bank of Scotland (RBS) sacked four of its traders at the end of last year over their alleged role in the Libor-fixing scandal, sources said today.

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RBS sacked 10 traders last year

The Royal Bank of Scotland did sack around 10 traders but it is thought to have happened last year, so the sacking is not a response to latest allegations. I understand that RBS actually sacked 4 traders for Libor-fixing, although up to 10 traders are mentioned in court papers.

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