Financial Services Financial Services

Major banks must face checks before running EU bonds sales, due to antitrust abuses

By Nicholas Hirst
  • 15 Jun 2021 11:01
  • 15 Jun 2021 11:09
JPMorgan, Citigroup, Bank of America and seven other banks have been temporarily barred from running bond sales as part of the EU recovery plan due to recent findings that they breached EU cartel law, MLex has learned.

A spokesperson for the European Commission didn't name the banks, but confirmed tha

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Nicholas Hirst

Chief Correspondent


Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.

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