Antitrust: Commission sends Statement of Objections to Deutsche Bank and Rabobank over Euro-denominated bonds trading cartel case

This article is brought to you in association with the European Commission. The European Commission has informed Deutsche Bank and Rabobankof its preliminary view that they breached EU antitrust rules by colluding to distort competition when trading Euro-denominated Sovereign, SSA (Supra-Sovereign, Foreign Sovereign, Sub-Sovereign/Agency), Covered and Government Guaranteed bonds. The Commission has concerns that between 2005 […]

Antitrust: Commission fines investment banks € 28 million for participating in SSA bonds trading cartel

This article is brought to you in association with the European Commission. The European Commission has fined Bank of America Merrill Lynch, Crédit Agricole, and Credit Suisse a total of € 28 494 000 for breaching EU antitrust rules. Deutsche Bank was not fined as it revealed the existence of the cartel to the Commission. The four banks […]

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