Antitrust Antitrust

Comment: Low fines for first EU bond cartel reveal niche market

By Lewis Crofts
  • 28 Apr 2021 15:03
  • 28 Apr 2021 15:33
Bank of America Merrill Lynch and Credit Suisse today bore the brunt of EU fines for running a cartel on the market for supra-sovereign bonds, but the total 28 million euro penalty is a fraction of the sanctions levied for similar banking cartels related to benchmark rates and foreign exchange.

This is

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News