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Royal Bank of Scotland Group PLC (RBS) Chief Executive Stephen Hester said Sunday the government-controlled bank expects to be fined for its role in the Libor rate-setting scandal.

Markets regulator Bafin is investigating eight German banks that participate or have participated in the Euribor, the Reuters news agency said Sunday on its website, citing unnamed sources.

Australian shares climbed early Monday, matching a strong rise for U.S. markets on Friday on hopes of more policy easing by global central banks.

Japan stocks rose solidly in early Monday trade, buoyed by a strong finish on Wall Street Friday and hope the coming week will bring policy moves from the U.S. and Europe.

Markets regulator Bafin is investigating eight German banks that participate or have participated in the Euribor, the Reuters news agency said Sunday on its website, citing unnamed sources.

HSBC Holdings PLC (HBC) is expected to make a $200 million provision for costs after the bank came under scrutiny for failing to combat money laundering in its U.S. operations, the Sunday Telegraph reported.

Aviva PLC (AV) has received a number of unsolicited approaches from financial and private equity buyers for its U.S. life division, according to the Sunday Telegraph.

The Chinese tycoon behind a company that was implicated in an insider-trading investigation in the U.S. is one of China's richest entrepreneurs, having first built his wealth in construction materials and real estate during the 1990s housing boom.

Japan's industrial production fell 0.1% in June, the Ministry of Economy, Trade and Industry reported Monday, saying output "appears to be flat." The decrease was well below the 3.4% drop suffered in May but fell far short of a median expectation for a 1.6% rise, according to a Dow Jones Newswires