October 29, 2013

Dutch Rabobank fined $1 billion over Libor scandal

(Reuters) - U.S. and European regulators have fined Dutch lender Rabobank $1 billion for rigging benchmark interest rates, making it the fifth bank punished in a scandal that has helped to shred faith in the industry.

Rabobank said on Tuesday it would pay 774 million euros to U.S., British and Dutch regulators.. Read more.


Megaboete Rabobank Libor-affaire (video) - NOS
- Rabo-management in de problemen - Herstel de Republiek