The Financial Conduct Authority (FCA) has fined former Royal Bank of Scotland (RBS) interest rate derivatives trader Neil Danziger £250,000 and banned him from the industry as a result of his role in the rigging of the yen Libor rate.
Danziger was found by the regulator to have been "knowingly concerned" in RBS's failure to observe proper standards of market conduct between February 2007 and November 2010. Specifically, the FCA said...
'Right thing to do'
Retains platform and financial advice business
Divorcees more likely to be in debt
The aviation sector's constant evaluation of errors in order to improve safety should be applied to defined benefit (DB) schemes, as too many are repeating the same mistakes again and again, research has shown.