Jan 11 (Reuters) - Royal Bank of Scotland is set topay large fines for its role in rigging the Libor interest rate.Here is a look at RBS's troubles since 2007: April 3, 2007 - RBS leads a consortium along with Fortis andSpain's Santander to buy Dutch bank ABN AMRO. InOctober, the consortium wins a bidding war against Barclays for ABN AMRO with a 70-billion-euro offer, making itthe biggest banking takeover in history. The takeover comes justbefore markets slump as the subprime credit crisis takes hold. April 2008 - RBS announces a record 12-billion-pound rightsissue to cover a potential 5.9-billion-pound writedown on thevalue of its toxic assets. October/November 2008 - Britain is forced to pump 20 billionpounds into the lender to shore up its capital position. StephenHester is named to replace Fred Goodwin as CEO. The governmentincreases its stake to 58 percent after injecting a further 15billion pounds into the lender and to 70 percent in January2009. February 2009 - RBS reports a loss of 24.1 billion poundsfor 2008, the biggest in British corporate history. November 2009 - Britain announces it will inject another 25billion pounds to prop up both RBS and Lloyds, taking thetaxpayers' stake in RBS to over 80 percent. December 2010 - Goodwin and other RBS executives during thefinancial crisis escape punishment by the Financial ServicesAuthority despite what the regulator describes as a "series ofbad decisions" in 2007 and 2008. December 2011 - The FSA publishes its report, begun in 2009, into RBS's near failure. The report blames RBS's "poormanagement decisions" and flaws within the FSA itself. It alsorecommends tougher rules to ensure that in future bankingexecutives can face "personal consequences" if a bank fails. August 2012 - A joint New York-Connecticut investigation ofLibor sends subpoenas to Royal Bank of Scotland, and severalother banks. The subpoenas seek communication between executivesrelated to possible collusion that may have played a role inalleged manipulation of the Libor rate. September 2012 - RBS increases its target for job cuts atits investment banking business to 3,800 by the end of 2013.Hester has already axed 34,000 jobs since arriving at RBS. January 2013 - RBS prepares to slash bonuses and mayconsider sacking executives over the bank's role in fixing theLibor rate.