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JPMorgan, Crédit Agricole attack EU’s Euribor cartel fine in court

By Nicholas Hirst ( January 14, 2026, 12:20 GMT | Insight) -- JPMorgan Chase and Crédit Agricole on Wednesday urged judges at the EU's top court to overturn fines imposed for alleged manipulation of the Euribor benchmark. They said a lower court had failed to properly explain why it imposed the fines that it did. The banks also complained that their fines were calculated differently to those imposed on other banks.JPMorgan Chase and Crédit Agricole on Wednesday urged judges at the EU's top court to overturn hundreds of millions of euros in fines reimposed by a lower court, which found their traders had colluded to manipulate the Euribor benchmark. ...

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