EU Commissioner for Competition Margrethe Vestager gives a press conference after the European Commission fined Credit Agricole, HSBC and JPMorgan Chase, a total of €485 million for colluding to rig Euribor. Photo: EPA

HSBC, JPMorgan and Credit Agricole fined €485 million for operating cartel to fix Euribor

HSBC and JPMorgan deny wrongdoing and are considering their legal options

Topic |   Regulation

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EU Commissioner for Competition Margrethe Vestager gives a press conference after the European Commission fined Credit Agricole, HSBC and JPMorgan Chase, a total of €485 million for colluding to rig Euribor. Photo: EPA
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