4 Financial Stock Stories Making Midweek Moves
Royal Bank of Scotland Group Plc (NYSE:RBS): Current price $11.91
Two knowledgeable sources reveal that RBS has surrendered records of instant messages to United Kingdom regulators after deciding that a former currency trader’s communications with counterparts at other companies might have been inappropriate. The messages were connected to the dealer’s trading positions, said the sources, who added that the trader had exited the bank prior to the inquiry, and his departure was not related to the probe. Spokesman Stewart Todd for the Financial Conduct Authority would not comment on the communications.