#1
5th January 2017, 05:23 PM
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Rabobank International Libor
Hi I came to news that the Rabobank has entered into settlement agreements with various authorities in connection with their investigations into Rabobank’s historical Libor and Euribor so is it correct ???
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#2
6th January 2017, 08:59 AM
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Re: Rabobank International Libor
Well the Rabobank has interest into settlement agreements with various authorities in connection with their investigations into Rabobank’s historical Libor and Euribor submission processes They will pay a total of approximately EUR 774 million. Rabobank has decided to continue to implement the significant package of remedial measures already underway to enhance compliance, reduce risk and improve culture. Personal Banking Business Banking Rabo Corporate Connect Rabobank Services Rabobank Nederland – the facilitary and staff organisation that serves the local banks. It currently performs the following core activities: Market (staff) support for the domestic retail banking business Group functions i.e., ICT, Legal and other facilitary departments Wholesale banking and international rural and retail banking Local Banks – Approximately 141 independent and cooperative local banks in the Netherlands Rabo Wholesale Rural & Retail – Rabobank's wholesale banking and investment division Rabo Vastgoed Groep – Project developer, real estate DLL (De Lage Landen) – vendor finance, leasing and trade finance Rembrandt Fusies & Overnames – corporate finance Schretlen & Co – asset management, private banking sector Obvion – mortgage intermediary FGH Bank – Dutch real estate bank Rabobank Ireland plc ACC Loan Management, Ireland Rabobank N.A. – California-based U.S. national bank (i.e., federally chartered), formerly six community banks with agri-focus Rabo Mobiel – a mobile virtual network operator in the Netherlands (2005–2014) Rabo Development, with advisory services and minority participations in various international markets, including: Tanzania, Zambia, Rwanda, Mozambique, China, Brazil and Paraguay. |