https://ec.europa.eu/commission/presscorner/detail/en/IP_21_2565
Well done my fellow thieves, well done.
2 replies (most recent on top)
they weren't fined because the investigation took too long!!
Just in case ppl don't want to click on the link, BAC was not fined:
The conduct partially took place during the financial crisis and more specifically between 2007 and 2011, and affected the entire European Economic Area (‘EEA').
Fines totalling € 371 million are imposed on Nomura, UBS and UniCredit. NatWest was not fined as it revealed the cartel to the Commission. Bank of America and Natixis are not fined either because their infringement falls outside the limitation period for imposition of fines. Portigon, the legal and economic successor of WestLB, received a zero fine as it did not generate any net turnover in the last business year which served as a cap to the fine.