RP Martin boss on Libor leave

TWO top executives at interdealer broker RP Martin are understood to have been suspended amid an investigation into the company’s alleged involvement in the Libor fixing scandal.

The pair, thought to be chief executive David Caplin and fellow director Alan Farnan, have been placed on leave as the probe continues.

At the end of last year two RP Martin employees were arrested as part of the police investigation into the manipulation of the key interbank lending rate.

RP Martin declined to comment.