by Editor | May 21, 2014 2:44 am
BBC – The European Commission has accused JPMorgan, HSBC and Credit Agricole of colluding to fix a key euro benchmark borrowing rate – Euribor.
The European Commission has fined eight banks – including RBS – a total of 1.7bn euros (£1.4bn) for forming illegal cartels to rig interest rates.
JP Morgan and HSBC will fight the charges. Credit Agricole will study the European Commission’s findings.
Have your say… Leave your comments below
Source URL: http://meebal.com/8-eu-banks-fined-for-rigging-interest-rates/
Copyright ©2016 Share on Meebal.com