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UniCredit, Nomura, UBS take EU bond-market cartel fines to bloc’s top court

By Anna Ferrari and Lewis Crofts ( June 9, 2025, 12:51 GMT | Insight) -- Investment banks UniCredit, Nomura and UBS have taken their fight against EU cartel fines related to bond markets to the EU Court of Justice, challenging an earlier ruling that confirmed their involvement in a cartel. Portigon, the legal successor of downsized German regional bank WestLB, has also filed an appeal.UniCredit, Nomura and UBS have appealed to the EU's highest court after their participation in a cartel in the market for European government bonds was confirmed by the bloc's first-instance court....

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