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RBS (RBS) expects to pay "significant penalties" and suffer "other sanctions" in a settlement...
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Wednesday, February 6, 3:45 AM ETRBS (RBS) expects to pay "significant penalties" and suffer "other sanctions" in a settlement with British and American authorities over its manipulation of Libor rates. The sides are in "late-state" talks, although the "settlements remain to be agreed." Media reports say RBS will have to pay $500M. Shares +1% in London. (PR)
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