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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.

RBS to Recoup £300m From Bonus Pool

RBS to Recoup £300 Mln Still

Royal Bank of Scotland, fined $612m for manipulating benchmark interest rates, plans to claw back three quarters of the money from bonuses and awards already paid to the firm’s employees.