RBS, Deutsche Bank likely to see the highest costs related to Libor probes, Morgan Stanley says.
By Christine Harper, Bloomberg|July 13, 2012 at 06:02 AM
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Royal Bank of Scotland Group Plc and Deutsche Bank AG may face the highest litigation costs of 16 banks that face potential fines and lawsuits for rigging benchmark interest rates, Morgan Stanley analysts estimate.
Paul Schmidt, chairman of Baker & Hostetler's national tax practice, has been chosen to assume leadership of the firm at year's end. He will be the Cleveland-based Am Law 100 firm's first new leader since 2004.