U.S. and U.K. enforcers are pushing for several more banks to agree to settlements over allegations they tried to fix LIBOR and other interbank interest rates, reports Financial Times.
One of coming settlements is expected to be Royal Bank of Scotland, which is braced for a payment of up to £300 million. And the bulk of the other banks under investigation in the wide-ranging scandal are now expected to reach settlements over the next 12 months. Read more.