Herald Scotland

The wages of sin ... Bankers on the fiddle

Posted 01/07/2012 - 08:50 by anrigaut

2012-06-30 23


Executives and former executives of the Royal Bank of Scotland and Lloyds Banking Group are at risk of criminal action, including possible extradition to the United States, in the wake of allegations of interest-rate rigging, according to senior legal experts.

And the banks face even larger fines than Barclays' £290 million penalty over its involvement in the alleged cartel of banks that conspired to rig inter-bank interest rates.

See also unedited version on Ian Fraser's blog: http://www.ianfraser.org/the-wages-of-sin-bankers-on-the-fiddle/

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