U.S., British, and Dutch Enforcement Agencies Impose $I Billion in Fines against Rabobank in Libor Case

 On October 29, 2013, Cooperative Central Raiffeisen-Boerenleenbank B.A. (known as Rabobank) agreed to pay more than $1 billion to criminal and civil authorities in the United States, England, and the Netherlands, resolving allegations that it manipulated Libor for nearly six months.[1]