Milbank Tweed, Hadley & McCloy has advised Dutch bank Rabobank on the settlement of fines worth €774m (£662m) following its involvement in the Libor fixing scandal. Rabobank has agreed to pay the fines to the Dutch Public Prosecutor, the United Kingdom Financial Conduct Authority, the US Commodity Futures Trading Commission and the US Department of Justice, for manipulation of the Libor interbank lending rates.
November 01, 2013 at 02:32 AM
1 minute read
The original version of this story was published on Legalweek
Milbank Tweed, Hadley & McCloy has advised Dutch bank Rabobank on the settlement of fines worth €774m (£662m) following its involvement in the Libor fixing scandal.
Rabobank has agreed to pay the fines to the Dutch Public Prosecutor, the United Kingdom Financial Conduct Authority, the US Commodity Futures Trading Commission and the US Department of Justice, for manipulation of the Libor interbank lending rates.
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