You are here

JPMorgan, Credit Agricole and HSBC fined for Euribor rigging

Paris

JPMORGAN Chase & Co, HSBC Holdings Plc and Credit Agricole SA were fined a total of 485.5 million euros (S$738 million) for rigging the Euribor benchmark as European Union antitrust regulators wrapped up a five-year investigation into the scandal.

The trio colluded on...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes