EU, huge fine for seven investment banks: ‘Commission will not tolerate any coalition behavior’ – News source
The European Commission has established that seven investment banks are guilty of violating antitrust laws during the global financial crisis of 2008, penalizing Nomura, UBS and UniCredit with cumulative fines of 371 million dollars, CNBC reports, according to news.ro. The seven banks participated in a “cartel of bond transactions” in the secondary and primary market … Read more