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HSBC, JPMorgan Chase, Crédit Agricole get amended EU decisions in Euribor cartel

By Lewis Crofts and Nicholas Hirst ( June 28, 2021, 12:31 GMT | Insight) -- HSBC has seen a 33.6 million-euro Euribor cartel fine reduced to 31.7 million euros, after the European Commission readopted a decision faulted by EU judges in 2019. The EU regulator also today amended a related decision against JPMorgan Chase and Crédit Agricole to correct the “same irregularity” found by the EU courts, namely a failure to explain sufficiently how the fines had been calculated.HSBC has seen a 33.6 million-euro cartel fine reduced to 31.7 million euros, after the European Commission readopted an antitrust decision faulted by EU judges in 2019....

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