![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAEt-9bYqgz0ownBI2Z1EP406CsmMZGsKej42cPed1EELbjHGzcA3PBN1R_1oOO8GkbefERqfmjcbDRULO0yKAXIohuPLBIirGwbYUZ33F7V8CCIwdnHD34aLtBTn6Yl4gZ_Grq7ifEgyq/s1600/Rabobank.jpg)
The bank is the latest lender to settle charges over the manipulation of the London interbank offered rate, or Libor. The settlement with Rabobank is the second-largest agreement after the $1.5 billion penalty imposed on UBS related to the interest-rate scandal.
As part of the settlement, Rabobank entered into a so-called deferred prosecution agreement, in which it will avoid criminal charges as long as it continues to cooperate with investigators and stays out of further trouble.
EU-Digest