Rabobank Said To Face LIBOR Fine Of EUR337 Mln-Plus

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Rabobank Said To Face LIBOR Fine Of EUR337 Mln-Plus

Regulators in the U.K. and U.S. are said to be preparing to impose a fine of between EUR337 million ($440 million) and EUR468 million ($612 million) on Rabobank over allegations the Dutch lender was involved in the manipulation of the London Interbank Offered Rate. Sources said the fine may come as soon as May.

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