Press Release: Commission warns banks in Germany and the Netherlands in euro-zone exchange charges probe

On 7.8.00 the European Commission warned banks in Germany and in the Netherlands that it has evidence of breach of European Union antitrust rules concerning the setting of charges for exchanging euro-zone currencies. The statements of objections issued to Commerzbank, Dresdner Bank and Fortis, amongst others, follow similar steps against financial institutions in four other euro-zone countries.