Britain's Royal Bank of Scotland Group plc (RBS.L,RBS) noted the recent media coverage relating to potential settlements with the Financial Services Authority in the United Kingdom, the United States Commodity Futures Trading Commission and the United States Department of Justice pursuant to investigations into submissions, communications and procedures around the setting of the London Interbank Offered Rate or "LIBOR".
RBS confirmed that it is in late-stage settlement talks with these regulators. Though the settlements remain to be agreed, the company anticipates they would include the payment of significant penalties and certain other sanctions. The Bank would update the market on all pertinent issues regarding this matter shortly.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.