The Luxembourg-based General Court on
Wednesday confirmed fines issued by the European Commission
against three investment banks, trimming the final sum for
UniCredit from 69.4 to 65 million and Nomura, from 129.5 to
125.6 million.
The 172.3 million euros fine for UBS remained unvaried.
The case concerned seven lenders - UBS, Natixis, UniCredit,
Nomura, Bank of America and Portigon as well as NatWest - which
according to the EU executive, from January 2007 until November
2011, agreed to exchange information ahead of operations on
European State bonds to obtain advantageous conditions.
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