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
JP Morgan Chase
2016
COMCO (Switzerland)
Switzerland – COMCO – fines JP Morgan Chase CHF33.873 million for LIBOR manipulation.
COMCO (Switzerland)
Switzerland – COMCO – fines JP Morgan Chase CHF1.703 million for LIBOR and TIBOR manipulation.
CADE (Brazil)
Brazil – CADE – fines five banks including JP Morgan Chase a combined $54m for currency rate manipulation including PTax and WM/Reuters benchmarks.
European Commission
European Commission – fines JPMorgan Chase €337,196,000 for Euribor manipulation.
2015
Department of Justice
US – Department of Justice – fines Citicorp, JPMorgan Chase, Barclays PLC and RBS $2.5 billion for manipulation of Forex rates
Federal Reserve
US – Federal Reserve – fines UBS; Barclays; Citigroup; JP Morgan Chase; RBS and Bank of America $1.8 billion for manipulation of Forex rates
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
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
European Commission
European Commission – fines JPMorgan € 61.6 million for LIBOR manipulation