October 30, 2013 BY Gerald Segal
Rabobank to pay $1 bln fines to settle with global regulators
Libor misconduct fines keep on pouring a full year after the scandal has shaken the financial industry. The Dutch bank Rabobank has settled for $475 mln with the US's CFTC, £105 million will be paid to the UK's FCA, whilst the rest of the billion dollar hit to the bank's balance sheet will be paid…
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