EU Accuses Big Banks Of Rigging Rules ( Video And Pictures)

(Before It's News)

European Union competition regulators have accused Europe’s biggest bank HSBC, its US peer JPMorgan and France’s Credit Agricole of rigging financial benchmarks linked to the euro.

Brussels is also planning to bring charges against ICAP, the world’s largest interdealer broker, for suspected manipulation of the Libor financial benchmark involving the Japanese yen.

So far regulators in Europe and the US have fined 10 banks and brokerages a total of 4.4 billion euros for rigging the London and E…
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