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Bank prepares for possible settlement of Libor claims

After regulators fined Barclays because of possible manipulation of the London Interbank Offered Rate, Royal Bank of Scotland said it likely faces similar penalties. RBS said it will soon enter negotiations for a potential settlement.

The New York Times (tiered subscription model)/DealBook blog (11/2), United Press International (11/3), Financial Times (tiered subscription model) (11/2)

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