RBS is in talks with the U.K.'s Financial Services Authority to settle allegations about its...

|By:, SA News Editor
RBS is in talks with the U.K.'s Financial Services Authority to settle allegations about its involvement in the Libor scandal, Bloomberg reported yesterday. The bank will probably have to pay more than the £290M that Barclays agreed to pay for its role. UBS is also in negotiations with authorities in the U.S. and U.K. over resolving Libor allegations.