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HomeBreadcrumbCalendarsBreadcrumbInternational AffairsBreadcrumbAppointments and Retirements

Head of RBS's investment banking arm steps down after settlement

Early/Mid February
Edinburgh, United Kingdom

Published: 6 Feb 2013 | By Georgeta Gheorghe and 3 others | Last updated: 7 Feb 2013
   
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Head of RBS's investment banking arm steps down after settlement -
Royal Bank of Scotland
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The head of RBS's investment banking arm John Hourican steps down.


The Royal Bank of Scotland Group Plc (RBS) is the most recent bank to be fined for its role in what has become known as the Libor rigging scandal. RBS was issued with a $627 million (£400 million) fine.


Sources reporting on the move have claimed the resignation of Hourican was not connected to the recent developments at the partially state-own bank. 

Source
RBS faces over $600 million fine for rate rigging: sources www.reuters.com, 06/02/2013
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About this event
Created by Georgeta GheorgheCreated by Georgeta Gheorghe
on Wed 6 Feb 2013
Modified by JorienLast modified by Jorien
on Thu 7 Feb 2013
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Location: Edinburgh, United Kingdom
Earliest date: Thursday 7 February 2013
Latest date: Wednesday 20 February 2013
Planning: confirmed
Ended: 88 days ago

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