Tuesday, August 19, 2014 09:44 (Dow Jones) – A former trader at Rabobank Group NV has debt to have participated in the manipulation of the leading London interbank offered rate, or Libor
known. trader, the Briton Paul Robson, known Monday in a New York federal court to conspiracy to commit debt for manipulating the yen Libor, bank fraud, said the United States Department of Justice. Robson is the second former Rabobank employee who has confessed guilt. In June Takayuki Yagami known to have committed to manipulate the yen. Libor fraud
Rabobank came in October for fraud settlement of $ 1.07 billion, in line with international regulators.
By Anna Prior and Proper Ellen ; Dow Jones Newswires: + 31-20-5715200; ellen.proper@wsj.com
(END) Dow Jones Newswires
August 19, 2014 03:44 ET (07:44 GMT)
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