Rabobank has been fined by the European Union for its involvement in a euro bond-trading cartel. The bank was found guilty of colluding with other banks to manipulate the prices of euro-denominated government bonds. The EU imposed a fine of €1.8 billion on Rabobank. This is the latest in a series of fines imposed by the EU on banks for their involvement in cartels. Rabobank has stated that it will appeal the decision.
Rabobank has been fined by the European Union for its involvement in a euro bond-trading cartel . The bank was found guilty of colluding with other banks to manipulate the prices of euro-denominated government bonds .
The EU imposed a fine of €1.8 billion on Rabobank. This is the latest in a series of fines imposed by the EU on banks for their involvement in cartels. Rabobank has stated that it will appeal the decision.
Rabobank EU Fine Euro Bond-Trading Cartel Collusion Manipulate Government Bonds Appeal
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