U.S. pursues guilty plea from RBS in Libor investigation

01/29/2013 | Wall Street Journal, The

Settlement negotiations between the U.S. and Royal Bank of Scotland regarding alleged manipulation of the London Interbank Offered Rate have hit a stumbling block. U.S. authorities are seeking a legal admission of guilt in addition to a hefty fine, while RBS executives are voicing concern that a guilty plea might open them up to costly and damaging litigation.

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Wall Street Journal, The

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