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Royal Bank Of Scotland Share News (RBS)
Share News for Royal Bank Of Scotland (RBS)
| Share Price: 319.50 | Bid: 319.70 | Ask: 320.20 | Change: 0.00 (0.00%) |  | ||||||
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Carney says facts around Libor 'deeply troubling'
Wed, 18th Jul 2012 17:08
OTTAWA, July 18 (Reuters) - Bank of Canada Governor Mark Carney said on Wednesday the facts th
'It's not just a question of the structure of the index, which (U.S. Federal Reserve) Chairman Bernanke rightly described yesterday as structurally flawed. But it's active, conscious, repeated manipulation of that index,' Carney told reporters.
Carney chairs the Financial Stability Board, an international task force that seeks to set global standards for banks, insurers and financial markets.
(Reporting by Randall Palmer, writing by Jennifer Kwan; Editing by Janet Guttsman) Keywords: BANKING LIBOR/CARNEY
(jennifer.kwan@thomsonreuters.com)(416-941-8178)(Reuters Messaging: jennifer.kwan.reuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
OTTAWA, July 18 (Reuters) - Bank of Canada Governor Mark Carney said on Wednesday the facts th
at have emerged around the setting of the benchmark Libor interest rate are 'deeply troubling.'
'It's not just a question of the structure of the index, which (U.S. Federal Reserve) Chairman Bernanke rightly described yesterday as structurally flawed. But it's active, conscious, repeated manipulation of that index,' Carney told reporters.
Carney chairs the Financial Stability Board, an international task force that seeks to set global standards for banks, insurers and financial markets.
(Reporting by Randall Palmer, writing by Jennifer Kwan; Editing by Janet Guttsman) Keywords: BANKING LIBOR/CARNEY
(jennifer.kwan@thomsonreuters.com)(416-941-8178)(Reuters Messaging: jennifer.kwan.reuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
UPDATE 2-Britain to look at RBS split, start Lloyds sale soon
By Matt Scuffham and David MillikenLONDON, June 19 (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine w[Yesterday 22:48]
Bank of England's King makes last call for more stimulus, bank reform
* BoE's King says UK recovery not secure, more QE needed* Banks need more capital, must regain public trust -King* King speaks as Osborne outlines ban[Yesterday 20:00]
Britain to start sale of Lloyds soon, review RBS split
LONDON, June 19 (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Sc[Yesterday 19:45]
RBS, Lloyds, Barclays account for most of UK capital gap -FT
LONDON, June 19 (Reuters) - Britain's financial regulator will on Thursday say capital holes at Royal Bank of Scotland , Lloyds Banking Group and Barc[Yesterday 17:11]
UPDATE 1-Britain says reckless bankers could face jail
* Bankers could face criminal sanctions, lose pensions* Government must consider range of strategies for RBS-report* Lawyers say recommendations will[Yesterday 13:48]
Britain's Cameron backs banking panel on criminal penalties
LONDON, June 19 (Reuters) - British Prime Minister David Cameron said on Wednesday he supported a parliamentary banking panel's proposals on criminal[Yesterday 11:28]
Cameron welcomes banking report, promises fast response
LONDON, June 19 (Reuters) - British Prime Minister David Cameron welcomed a report on banking standards by a panel of lawmakers on Wednesday and promi[Yesterday 10:55]
UK's Osborne to unveil future of state-controlled banks
* UK's Osborne to detail plans for Lloyds and RBS* Bank of England's King to give final speech as governor* Mansion House speech follows parliament ba[Tue 23:05]
