Two former Rabobank derivatives traders - one of whom was the bank's global head of liquidity and finance - have been sentenced to prison for manipulating Libor rates. The United States Department of Justice announced that Anthony Allen was sentenced to 24 months in prison and Anthony Conti to 12 months. The pair were found to have participated, between 2005 and 2009, in a scheme involving "making improper requests to the employees who submitted Rabobank's Libor contributions to the British Bankers' Association."