Commission fines Crédit Agricole, HSBC and JPMorgan Chase for participation in euro interest rate derivatives cartel | Practical Law

Commission fines Crédit Agricole, HSBC and JPMorgan Chase for participation in euro interest rate derivatives cartel | Practical Law

On 7 December 2016, the European Commission announced that it has fined Crédit Agricole, HSBC and JPMorgan Chase a total of EUR485 million for participating in a cartel in euro interest rate derivatives.

Commission fines Crédit Agricole, HSBC and JPMorgan Chase for participation in euro interest rate derivatives cartel

by Practical Law Competition
Published on 07 Dec 2016European Union
On 7 December 2016, the European Commission announced that it has fined Crédit Agricole, HSBC and JPMorgan Chase a total of EUR485 million for participating in a cartel in euro interest rate derivatives.