JPMorgan, Other Major Banks Excluded From Landmark European Bond Program

The European Union excluded some of the world’s largest banks, including Bank of America and UniCredit, from working on a nearly $1 trillion coronavirus relief bond program, citing recent cases in which regulators punished them for forming cartels.

Jpmorgan, Other Major Banks Excluded From Landmark European Bond Program

The Wall Street Journal – by Anna Hirtenstein

The European Union excluded some of the world’s largest banks, including Bank of America and UniCredit, from working on a nearly $1 trillion coronavirus relief bond program, citing recent cases in which regulators punished them for forming cartels.

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