Tag: Banks
UK Watchdog Says Five Major Banks Colluded On Bonds
According to Britain's antitrust agency, traders from five major banks shared sensitive information about UK bonds through chatrooms following the 2008 financial crisis. This...
Two Banks Win Dismissal Of US Silver Price-Fixing Suit
On Monday, a judge in the US dismissed a lawsuit filed by investors alleging that HSBC Holdings and Bank of Nova Scotia colluded to...
UK Banks Are Turning Away Crypto Clients
U.K. Prime Minister Rishi Sunak’s cryptocurrency plans have reportedly hit some snags.
As Bloomberg News reported Sunday (April 2), crypto companies were already dealing with pushback from...
Banks Accused Of Scheme To Rig Swiss Franc Settle Libor Suit
Credit Suisse, Deutsche Bank, and NatWest agreed to settle an antitrust litigation over an interest rate manipulation for a combined $47.75 million, Bloomberg reported.
The case...
US Regulators Clear Stablecoin Path For Reluctant Banks
The regulators’ crackdown may chill private firms’ clamor to mint and issue stablecoins.
And pave the way for banks to take the lead in stablecoin...
Polish Regulator Investigates Banks
Since July 2021, the President of UOKiK has been conducting a preliminary investigation in which he checks how banks behave towards consumers who have...
Rohit Chopra Is Cracking Down On Big Banks And Big Tech...
By Eleanor Laise, reporter for MarketWatch.
In March, Rohit Chopra was invited to give a virtual speech at the University of Pennsylvania, an Ivy League...
Three US Banks Settle ATM Antitrust Suit For $66M
Three US banks have agreed to pay US$66.7 million to settle consumer antitrust claims alleging a conspiracy to fix ATM charges, say plaintiffs' lawyers...
EU Blocks 10 Banks From Bond Sales Over Antitrust Violations
The EU excluded 10 banks from running bond sales as part of its €800 billion (US$970 billion) recovery fund due to historic breaches of...
Italy’s Watchdog Probes Banks Over Debt Support
Italy's antitrust regulator announced it was probing four financial firms, including the country's top two banks, for allegedly withholding information and imposing unnecessary conditions...
