HSBC Fights EU Allegations Of Euribor Rigging

Law360, London (February 10, 2020, 12:50 PM GMT) -- British and French branches of HSBC have hit back at claims by the European Commission that they were complicit in a single and continuous infringement of competition rules by manipulating a key benchmark interest rate, according to documents published Monday.

HSBC has asked the European Court of Justice to annul a decision by the European Commission, which found that it had broken the bloc's rules on price-fixing. (AP) HSBC Holdings PLC, HSBC Bank PLC and HSBC France have asked the European Court of Justice to annul a 2016 decision by the European Commission, the European Union's executive arm, which found that...

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