Rabobank fined

( November 2, 2013) -- Dutch lender Rabobank agreed to pay a $325 million penalty for engaging in manipulation of leading benchmark interest rates – the London InterBank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (Euribor), in a settlement announced by the Justice Department on October 29. The Department also filed a criminal information – as part of a deferred prosecution agreement– in U.S. District Court for the District of Connecticut in which Rabobank accepted responsibility for its misconduct as set out in an extensive statement of facts....

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