Brussels, 11/03/2016 (Agence Europe) - French bank Société Générale will have its fine for manipulation of the Euribor inter-bank euro interest rates reduced, reported Bloomberg on Friday 11 March.
In December 2013, the European Commission fined a number of banks for involvement in illegal interest rate derivatives market agreements and manipulation of inter-bank interest rates for the euro and yen (see EUROPE 10977).
The French bank has announced that it is withdrawing its appeal at...