EU fines JPMorgan, HSBC and Credit Agricole $520mn for rate manipulation — Follow The Money

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https://www.rt.com/business/369503-jpmorgan-hsbc-fined-euribor/ After a five-year investigation, the European Commission has fined three major banks €485 million for rigging the crucial Euro Interbank Offered Rate (Euribor). The Commission said on Wednesday they were part of a seven bank cartel that colluded on setting the euro interest rate instead of competing with each other between September 2005 and […]

via EU fines JPMorgan, HSBC and Credit Agricole $520mn for rate manipulation — Follow The Money

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About BCHQ

Alchemist, Astrologer, Esoteric, Spiritualist, Wife, Mother, and Friend. ~What If I died? What did I give? I HOPE it was an answer, so you might LIVE . . . I HOPE I helped you LIVE~Creed

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