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HSBC Gets €34M Euribor-Rigging Fine Tossed In EU

By Christopher Crosby (September 24, 2019, 4:04 PM BST) -- A European court on Tuesday squashed a €33.6 million ($37 million) fine slapped on HSBC for manipulating a key benchmark interest rate, saying the bloc's antitrust watchdog failed to fully explain how it calculated the penalty from the bank's interest rate derivative trading.  ...

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