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The E.U. has fined the Bank of America, Crédit Agricole, and Credit Suisse for their alleged formation of a bond-trading cartel.
Bank of America-Merrill Lynch, Crédit Agricole, and Credit Suisse have been fined by the European Commission for their alleged involvement in a bond-trading cartel that also included Deutsche Bank, which escaped the fine because it reported the situation to E.U. officials. Late last month, the three banks were fined a total of €28,494,000 ($34,589,360) for...
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