UPDATE 2-ABN Amro to settle money laundering probe for $574 mln Reuters 2 hrs ago (Adds prosecution investigation into individuals ongoing, details) Popular Searches By Anthony Deutsch and Bart H. Meijer AMSTERDAM, April 19 (Reuters) - Dutch bank ABN Amro on Monday said it had reached a 480-million-euro ($574 million) settlement with prosecutors in the Netherlands over money laundering allegations, which will impact its first-quarter results. ABN Amro said in a statement it had agreed to pay a fine of 300 million euros and 180 million euros as disgorgement reflecting "the seriousness, scope and duration of the identified shortcomings" in combating money laundering. The prosecution service said in a statement its investigation was ongoing and that three former board members, who it did not name, had been identified as suspects said to be "effectively responsible for violation" of the anti-money laundering act.