interest rate rigging

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 IST

EU 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