The head of Royal Bank of Scotland’s Japanese investment banking business is set to step down ahead of an expected penalty against the lender in connection with the manipulation of benchmark interest rates.
Ryusuke Otani, chief executive of RBS Securities Japan, is expected to announce his resignation this week, people close to the situation said.
The move comes as the Japanese Financial Services Authority is set to sanction RBS as early as this week over the interest rate manipulation scandal and breaches of regulatory rules separating trading operations from retail banking.
您已阅读29%（580字），剩余71%（1432字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。