GLOBAL BENCHMARK MANIPULATION TRACKER

The daily worldwide tracker of penalties for financial benchmark manipulation
Information provided by the Banking and Financial Disputes group at Collyer Bristow LLP

HSBC

2016
08 Dec 2016

CADE (Brazil)

Brazil – CADE – fines five banks including HSBC a combined $54m for currency rate manipulation including PTax and WM/Reuters benchmarks.

07 Dec 2016

European Commission

European Commission – fines HSBC €33,606,000 for Euribor manipulation.

2014
12 Nov 2014

Financial Conduct Authority

UK – Financial Conduct Authority – fines Citibank; HSBC; JP Morgan Chase; RBS and UBS £1.1 billion for manipulation of Forex rates

12 Nov 2014

Commodity Futures Trading Commission

US – Commodity Futures Trading Commission – fines Citibank; HSBC; JP Morgan Chase; RBS and UBS a total of $1.4 bilion for manipulation of Forex rates