The bank 'unable to take any disciplinary action' against an undisclosed number of people.
The bank said it 'was unable to take any disciplinary action' against an undisclosed number of people who had left before the settlement on July 28.
Chief Executive Officer Antonio Horta-Osorio’s efforts to return the bank to full private ownership are being hampered by issues of past misconduct. The bank in July became the seventh firm to reach a settlement with U.S. and U.K. regulators probing how traders colluded to rig the London interbank offered rate and related benchmarks.
'The group undertook a prompt, independent and thorough disciplinary process immediately after the settlements were announced,' Chairman Norman Blackwell said in the statement.
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