Rabobank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2013
LIBOR and benchmark-rate manipulation
Rabobank was penalized by regulators after traders and supervisors were found to have participated in manipulation of LIBOR and related benchmark rates, including currency benchmarks. The episode led to approximately US$1 billion in combined fines and the immediate resignation of chief executive Piet Moerland.