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- Details
- Description
- Published by:
- Excel Management
- Published:
- 5/21/2014
- Specs:
-
Flyer / 8.25" x 10.75"2 pages
- Category:
- Business & Finance
- Tags:
The European Commission formally charged British bank HSBC, North American JP Morgan and France's Credit Agricole for having created a cartel to fix interest rates. The banks face large fines. Both JP Morgan and HSBC have both denied the charges and consider them to be "without foundation".