HSBC Fine of EUR33.6 Million Annulled by European General Court
24 Septiembre 2019 - 4:18AM
Noticias Dow Jones
By Oliver Griffin
A fine imposed on HSBC Holdings PLC (HSBA.LN) by the European
Commission worth 33.6 million euros ($37 million) has been annulled
by the General Court of the European Union.
The Court said that while it upheld the commission's finding
that HSBC had participated in infringement of competition law in
connection to a cartel in the Euro Interest Rate Derivatives
sector, it didn't provide a sufficient reasoning for the fine.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
September 24, 2019 05:03 ET (09:03 GMT)
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