This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

HSBC ends EU court fight over Euribor fine but secures interest settlement

By Lewis Crofts ( February 20, 2025, 10:42 GMT | Insight) -- HSBC has put an end to its court fight against an EU sanction for its role in a Euribor-related cartel, but the bank has agreed a settlement with the European Commission on a related interest payment over an earlier annulment. The litigation had targeted a second revised decision that the EU antitrust regulator adopted in 2021 after an earlier sanction was annulled.HSBC will not continue its fight through the EU courts against a fine of 31.7 million euros ($34 million) for manipulating benchmark Euribor interest rates. The bank said the matter was “closed.”...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections