UniCredit contests EU antitrust fine, will appeal decision
20/05/2021 11:37
ROME, May 20 (Reuters) - Unicredit CRDI.MI said on
Thursday it contested a decision by EU antitrust regulators to
fine the Italian bank, Nomura 9716.T and UBS UBSG.S a total
of 371 million euros ($452 million) for taking part in a
European government bonds trading cartel.
It added that the findings did not demonstrate any
wrongdoing on the part of UniCredit and that the lender would
appeal the decision before European courts.
($1 = 0.8201 euros)
(Reporting by Gianluca Semeraro; editing by Agnieszka Flak)
((Giulia.Segreti@tr.com; +39.06.80307714;))