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...
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