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

Rabobank says 'arbitrage' chats were wrongly included in EU bonds-cartel finding

By Lewis Crofts ( October 15, 2025, 12:07 GMT | Insight) -- Rabobank asked EU judges to cut back a €26.6 million fine over collusion with Deutsche Bank, saying a third of the 134 chats between traders related to weeding out unwanted "arbitrage" and so served a different purpose than a "single and continuous" cartel. The European Commission dismissed the argument, saying the 44 chats didn't need a separate analysis but, on the contrary, they served the overall goal of the banks "maximizing profits."Rabobank asked EU judges to cut back a €26.6 million fine over collusion with Deutsche Bank, saying a third of the 134 chats between traders related to weeding out unwanted "arbitrage" and so served a different purpose than a "single and continuous" cartel....

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