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Dutch bank paying $1B to settle LIBOR charges

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Rabobank of the Netherlands has agreed to pay about $1 billion to settle U.S., British and Dutch charges of manipulating a key global interest rate. The bank's chairman resigned as it became the fifth financial firm sanctioned in the international rate-rigging scandal. The amount Rabobank is paying includes $325 million in an agreement with the U.S. Justice Department that allows the bank to...

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