ALERTS: CARTELS - BANKING SECTOR - FINE

Fine: The European Commission closes third phase of spot foreign exchange market investigation and fines 5 banks €344 million for their involvement in a forex cartel (HSBC, UBS...)

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Eur. Comm., Dec. 2nd, 2021, Presse release IP/21/6548, Antitrust: Commission fines UBS, Barclays, RBS, HSBC and Credit Suisse € 344 million for participating in a Foreign Exchange spot trading cartel

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  • L’actu-concurrence (Paris)
    France 4280 contributions 984243 visits

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Alain Ronzano, Fine: The European Commission closes third phase of spot foreign exchange market investigation and fines 5 banks €344 million for their involvement in a forex cartel (HSBC, UBS...), 2 December 2021, Concurrences N° 1-2022, Art. N° 103968, www.concurrences.com

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