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RBS and Whack-A-Mole: Chilton

RBS Libor Still

The more than $600 million settlement between the bank and several global regulators for manipulating benchmark interest rates is another glaring example of the financial sector run amok and the head of the CFTC says regulators around the globe need bigger and heavier hammers.

Banks Must End 'Brazen, Flagrant' Manipulation

Stop Here - Mateusz Stachowski

Big banks that rigged interest rates behaved in "brazen, flagrant" fashion, the head of the Commodities and Futures Trading Commission told CNBC on Wednesday, adding that imposing hefty fines were needed as a deterrent to bad behavior.