MORE senior Royal Bank of Scotland executives may be forced out as the institution, which is partly owned by the taxpayer, prepares to be hit with a multi million-pound fine over the Libor rate-fixing scandal.
MORE senior Royal Bank of Scotland executives may be forced out as the institution, which is partly owned by the taxpayer, prepares to be hit with a multi million-pound fine over the Libor rate-fixing scandal.
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TIM SHARP CITY EDITOR
The board of the Edinburgh-based institution is thought to be considering the futures of one or more key staff, with a decision from UK and US authorities imminent. John Hourican, head of its investment bank, and head of markets Peter Nielsen are reportedly the most vulnerable.
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