EU hits banks with €1.7bn rate fixing fine, Europe t...

To view this email as a webpage, click here     Wednesday December 04 2013     FT Trading Room   EU hits banks with €1.7bn rate fixing fine   Six banks have been fined a record €1.7bn by the EU for participating in a cartel to rig two global interest rate benchmarks       Europe to unleash heavy rate-fixing fines   Potentially record-setting decision will add to the escalating costs of a scandal that has rocked the financial sector     Asia regulators attack clearing standards   Watchdogs warn against application of western standards as regulators assess whether clearing houses in Asia are robust enough for use by European banks     Philippines to give sharia-compliant tag   Philippine Stock Exchange to assign companies as sharia-compliant in a bid to persuade Muslim savers in Mindanao province to invest in the Philippines               Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.