Dutch bank Rabobank says it has agreed to pay fines of 774m euros ($1bn; £662m) imposed by US, UK and Dutch regulators over the Libor interest rate-fixing scandal.
The bank added that its chief executive, Piet Moerland, had stepped down.
Libor rates are used to set trillions of dollars of financial contracts.
These include many car loans and mortgages, as well as complex financial transactions around the world.
Regulators have been investigating the manipulation of Libor inter-bank lending rates since 2012 in the wake of Barclays’ £290m ($454m) fine by US and UK authorities.
A string of international banks have been implicated in the affair, while several criminal charges have been brought against traders.
