Hourican hoping to escape shadow of Libor scandal

John Hourican, the Irish banker, could be forgiven for feeling some exasperation this week, even as he was announced as the new chief executive of the troubled Bank of Cyprus.

After eight months out of the headlines following his departure from Royal Bank of Scotland amid the global Libor rigging scandal, Hourican’s appointment came in the same week that Libor was back in the news, with Britain’s Serious Fraud Office announcing that it ...