Rabobank
Rabobank Said To Face LIBOR Fine Of At Least $440m
Rabobank Groep faces a fine of more than $440m for Libor rigging as global regulators seek to increase the $2.5bn in penalties already levied in the rate-manipulation scandal.
Rabobank Asset-Management Unit Sold For $2.6bn
Japan’s Orix Corp. has agreed to buy Rabobank Groep’s asset-management unit for $2.6bn in its largest-ever acquisition.
Bank Ends Sponsorship Of Professional Cycling Teams Over Alleged Doping
Rabobank will end its sponsorship of both the men’s and the women’s professional cycling teams at the end of the year.
Rabobank Nederland Announces New Appointment To Executive Board
Hans van der Linden, who currently serves as Chairman of the Board of Directors of Rabo Real Estate Group, will join the Executive Board of Rabobank Nederland, effective 1 December 2012.
UBS Said To Have Fired Dozens Over Libor
UBS has dismissed about two dozen traders and managers in connection with an investigation of manipulation of the London interbank offered rates, Der Sonntag has reported.
Four Said Fired Over LIBOR, U.S Charges Thought To Go Beyond Barclays
Dutch lender Rabobank has fired four employees between 2008 and last year over the manipulation of interbank lending rates, a scandal which has now engulfed a dozen or more major banks around the world, a Dutch newspaper reported on Friday.
UBS Big Loser, Another Nomura Insider Scare, JP Morgan Head Said To Leave, Rabo Sale
Here's the latest on JPMorgan, Nomura and UBS.
More Job Loss & Worried Bank / Banker News
Here's a quick round-up of some of the top stories doing the rounds this Thursday.
Rabobank Group is an international financial services provider operating on the basis of cooperative principles. It offers banking, asset management, leasing, insurance and real estate services.