A former senior trader at Royal Bank of Scotland said he was made a 'scapegoat' for the bank’s own failures in the currency-rigging scandal and that his firing was premeditated.
Bloomberg News reports that Ian Drysdale, who is suing the bank for unfair dismissal, told a London employment tribunal on Wednesday that there was no evidence he "maliciously" breached RBS’s policies and he was given no formal training as to what constituted confidential information.
RBS claims Drysdale shared private information with members of the notorious 'Cartel' chat group and disclosed secret client orders with contacts at rival banks.
'I know I was abiding by the bank’s laws as I interpreted them at the time', Drysdale said while giving evidence Wednesday. 'I believe I was doing nothing wrong and still believe that'.
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