Dutch lender Rabobank has paid more than $1bn to US, UK, and Dutch authorities to settle allegations that it manipulated Libor and other key benchmark rates
The $1bn fine paid for interbank lending manipulation it failed to prevent in its investment banking arm has shaken the foundations of the Dutch lender
Shares gained 2% after Sanofi revised down its full-year net income target. The market, it seems, believes the French pharma group has enough in its product pipeline