Crossword Genius

Dutch city bank headed by a rascal (9)

Ross

I believe the answer is:

rotterdam

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'dutch city' is the definition.
(I've seen this in another clue)

I can't explain the rest of the clue.

Can you help me to learn more?

(Other definitions for rotterdam that I've seen before include "One of the world's largest ports" , "city abroad" , "Netherlands port" , "European port" , "foreign city" .)

I've seen this clue in The Globe and Mail.
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