Swiss Economicblogs.org
Investec Switzerland. Switzerland handed out about $100 million in antitrust fines against seven U.S. and European banks for participating in cartels to manipulate widely used financial benchmarks. © Ron Sumners | Dreamstime.com JPMorgan Chase & Co. was fined 33.9 million francs ($33 million) for operating a cartel with Royal Bank of Scotland Group Plc for more than a year, with the aim of influencing the Swiss franc Libor benchmark, which is tied to the London interbank...
Read More »Seven banks fined in Swiss probes of rate-rigging cartels
