PRESS DIGEST- British Business - March 27
March 27 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
WASHINGTON Feb 6 Britain's Royal Bank of Scotland Group Plc settled charges it had manipulated the Libor interest rate benchmark, the top U.S. derivatives regulator said, paying fines totaling $612 million to three regulators in the UK and the United States.
The bank neither admitted nor denied its findings, the Commodity Futures Trading Commission (CFTC) said, but a unit in Japan agreed to plead guilty to a criminal charge of wire fraud.
The bank will pay $325 million to the CFTC, $150 million to the U.S. Department of Justice, and 87.5 million pounds ($137.10 million) to the Financial Services Authority.
March 26 Highlights of the day for U.S. President Donald Trump's administration on Sunday: