RBS 'meaningful controls' over Libor in 2011

The Financial Services Authority says RBS didn't have 'meaningful controls' over Libor til June 2011. The board were told there was a problem in 2010.

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RBS fined £390m over Libor

The Royal Bank of Scotland has been fined £390m by the Financial Services Authority and US authorities for its role in the Libor rate-rigging scandal.