The European Commission announced tentative findings that 13 of the
world's largest banks colluded to bar exchanges from the risky credit
default swap business.
In a statement Monday, Europe's regulatory body said it had informed the banks - as well as the International Swaps and Derivatives Association (ISDA) and its data-service provider Markit - that they had infringed EU antitrust rules.
The banks include Bank of America-Merrill Lynch, Barclay's, Bear Stearns, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Royal Bank of Scotland and UBS.
http://www.courthousenews.com/2013/07/02/59036.htm
In a statement Monday, Europe's regulatory body said it had informed the banks - as well as the International Swaps and Derivatives Association (ISDA) and its data-service provider Markit - that they had infringed EU antitrust rules.
The banks include Bank of America-Merrill Lynch, Barclay's, Bear Stearns, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Royal Bank of Scotland and UBS.
http://www.courthousenews.com/2013/07/02/59036.htm
No comments:
Post a Comment