EU fines banks €1.7bn for fixing global interest rates

 
 
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Wednesday December 04 2013
 
 
Breaking news
 
EU fines banks €1.7bn for fixing global interest rates
 
Six banks and one broker have been hit with a record €1.7bn fine from Europe's top competition enforcer after admitting to participating in a cartel to rig two global interest rate benchmarks.
 
 
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