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Rabobank To Pay $1 Billion to Settle Allegations That It Manipulated Libor

WASHINGTON, D.C. — (Mealey’s) Dutch bank Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) has agreed to pay more than $1 billion in civil and criminal penalties to settle allegations that it manipulated the London InterBank Offered Rate (Libor), the U.S. Department of...