SINGAPORE/HONG KONG (Reuters) - Banks weighed up the reputational risks from an opaque benchmarking system at the center of a global rate-rigging scandal as Royal Bank of Scotland pulled out of a Singapore panel setting interbank lending rates.
Reuters: Business News, Reuters: Business
Mon, 07/16/2012 - 8:43am
SINGAPORE/HONG KONG (Reuters) - Banks weighed up the reputational risks from an opaque benchmarking system at the center of a global rate-rigging scandal as Royal Bank of Scotland pulled out of a Singapore panel setting interbank lending rates.