Brussels will on Wednesday hit HSBC, JPMorgan and Crédit Agricole with multimillion-euro fines for rigging the Euribor interest rate benchmark, closing a five-year cartel probe into a scandal ... For both HSBC and Credit Agricole it marks the first rate rigging case. Crédit Agricole received a €115 million fine, and believes that it did not infringe any competition law. The bank has said to appeal the EC’s decision. Meanwhile, the EC hit HSBC with a €33.6 million fine. Similar to the other banks, HSBC believes that they did not participate in any anti-competitive cartel. The ... Die französische Grossbank Credit Agricole kommt weiter hervorragend durch die Zeiten anhaltend niedriger Zinsen. Dank eines starken Wachstums in allen Bereichen zog der Gewinn im zweiten Quartal... 20 September 2020 By Foo Yun Chee BRUSSELS (Reuters) - European Union antitrust regulators charged Europe's biggest bank HSBC, U.S. peer JPMorgan and France's Credit Agricole on Tuesday with rigging financial ... European Union antitrust regulators charged Europe's biggest bank HSBC, U.S. peer JPMorgan and France's Credit Agricole on Tuesday with rigging financial benchmarks linked to the euro, exposing ... Forex probe hangs over banks And the Libor story is not over yet. The European Commission is still going after HSBC ( HSBC ) , Credit Agricole ( CRARY ) and JP Morgan on related charges, and ... Global regulators impose $3.4bn fine on five banks for forex rate rigging. Verdict Staff . November 12, 2014 (Last Updated April 4th, 2017 13:53) Share Article. UK, US and Swiss regulators have collectively slapped fine totalling $3.4bn on banking giants UBS, HSBC, Citigroup, RBS and JPMorgan over allegations of price fixing in the foreign exchange market. The fines relate to the five banks ... Die französische Bank Credit Agricole hat von April bis Juni operativ so viel verdient wie noch nie in einem Quartal seit dem Börsengang 2001. Der um Sondereffekte bereinigte Gewinn sei um... 23 September 2020 It's been less than a month since JPMorgan Chase & Co.(NYSE:JPM)'s last $264 million SEC fine for corrupt hiring practices in Asia-Pacific region. Now JPMorgan's back in action, along with HSBC Holdings Plc (NYSE:HSBC) and Credit Agricole SA with a fine of a total of 485.5 million euros ($521 million) for rigging the Euribor benchmark as European Union antitrust regulators wrapped up a five ... By Foo Yun Chee BRUSSELS (Reuters) - European Union antitrust regulators charged Europe's biggest bank HSBC, U.S. peer JPMorgan and France's Credit Agricole on Tuesday with rigging financial benchmarks linked to the euro, exposing them to potential fines. The European Commission also said it
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