Dutch financial services company Rabobank estimated on Thursday that the euro area's economy will avoid a recession this year by expanding by 0.3% and an additional 0.9% in 2024. The 2023 forecast is significantly higher compared to the previously expected drop of 0.5%.
"Lower energy prices,...
Rabobank and Deutsche Bank have breached the antitrust regulations of the European Union by colluding to disrupt competition in the trading of "the Euro-denominated Sovereign, SSA (Supra-Sovereign, Foreign Sovereign, Sub-Sovereign/Agency), Covered and Government Guaranteed bonds," the...
The Federal Reserve will likely increase its key interest rate by 75 basis points, despite multiple voting board members pushing for a 100 points hike, Dutch financial services company Rabobank estimated on Tuesday.
"We expect the FOMC to raise the target range for the federal funds rate by 75...
Rabobank’s California subsidiary agreed to pay $369 million as a settlement in a money laundering case, the United States Department of Justice announced in a statement. Hundreds of millions of dollars, coming mostly from Mexico between 2009 and 2012, were allowed to be deposited into the...
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