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RBS exec said told client about Libor support in 2007

RBS building

A Royal Bank of Scotland executive told a hedge fund client as early as August 2007 that banks were setting Libor rates to support their own trading, according to evidence from a U.K. lawsuit alleging that RBS’s misconduct has yet to be fully exposed.

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Paul Walker

Paul Walker, who has died aged 40 in a car accident, combined unthreatening star charisma with preppy good looks and a canny commercial sensibility.

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RBS building

RBS exec said told client about Libor support in 2007

A Royal Bank of Scotland executive told a hedge fund client as early as August 2007 that banks were setting Libor rates to support their own trading, according to evidence from a U.K. lawsuit alleging that RBS’s misconduct has yet to be fully exposed.