Three former Rabobank traders were charged by the U.S. with engaging in a five-year scheme to manipulate benchmark interest rates as international probes of rate rigging escalate.
Current-account and fiscal deficits as well as growing political risks may prove a “toxic cocktail” for the pound’s world-beating gains, according to Royal Bank of Scotland Group Plc.
Step 1: Plan your outfit. Step 2: Adjust Libor submissions to maximize profit.
"The Bank of England is an inflation-targeting central bank and inflation is turning out softer than they expected."
- Paul Robson on Aug 19, 2014
Robson Says ECB Interest Rates Are Headed Lower
RBS’s Robson Says Fed Policy Causes Weak Dollar: Audio
RBS's Robson Says Greece Holds 'A Lot of Cards': Audio