UniCredit among eight banks accused of forming 'bond cartel'

UniCredit Building 230x150

UniCredit said on Wednesday that it is one of the banks suspected of violating European Union competition rules in the purchase and trading of European government bonds between 2007 and 2012.

By Burhan Khadbai
11 Apr 2019

“On 31 January 2019 UniCredit received a Statement of Objections from the European Commission, referring to the investigation by the European Commission of a suspected violation of antitrust rules in relation to European government bonds,” the bank said in a statement.  

“The subject matter of the investigation extends to certain periods from ...

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