Ex-Rabobank Traders Avoid Lengthy Prison Terms Over Libor

  • Judge rejects U.S. request for tougher sentence for Allen
  • U.S. said scheme to rig Libor affected thousands of victims

Two former Rabobank Groep traders in London avoided lengthy prison sentences for manipulating a key financial benchmark as a judge brushed aside a U.S. call to severely punish those responsible for wrongdoing in the banking world.

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