EU fines HSBC, JP Morgan and Credit Agricole $520 million over interest rate rigging
The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest rate benchmark used for a wide range of financial instruments.
Dec 07, 2016, 19:05 PM ISTEU must `apologise` for bias in rate rigging case: watchdog
European regulators mishandled an ongoing case on alleged interest rate rigging by some of world`s biggest banks and must apologise to France`s Credit Agricole for implying guilt, the EU`s ombudsman said Thursday.
Mar 12, 2015, 21:44 PM IST