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Posted On: 04/12/2013 7:15:06 AM
Post# of 28540
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Posted By: testuser
Japan orders RBS to boost compliance after Libor rigging

A sign is seen outside a Royal Bank of Scotland building in central London TOKYO (Reuters) - Japan's financial industry watchdog ordered Royal Bank of Scotland's Tokyo unit to bolster compliance on Friday, becoming the latest global regulator to punish the bank in the wake of a interest rate rigging scandal. In a statement RBS Securities Japan Ltd apologized to its customers and said that its head Ryusuke Otani would leave the firm and be replaced by Shoji Toby Taniguchi. ...



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