Antitrust Antitrust

Credit Suisse files court challenge against EU’s forex cartel fine

By Lewis Crofts
  • 21 Feb 2022 03:13
  • 21 Feb 2022 03:24
Credit Suisse has started litigation at the EU courts to overturn a fine of 83 million euros ($94 million), levied for its role in a cartel on the forex spot-trading market.

In December, the European Commission imposed a total of 344 million euros in sanctions on UBS, Barclays, RBS, HSBC and Credit Suisse.

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