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.

Reuters

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