Today news
About the same in other media
Banks face CMA probe into swapping UK bond information in chatrooms
Reading now: 581
fnlondon.comThe UK’s competition watchdog has asked five banks to respond to provisional findings that they broke competition law in the aftermath of the financial crisis by exchanging sensitive information in chatrooms during UK bond transactions.The Competition and Markets Authority said in a 24 May statement that the five banks – HSBC, Citi, Deutsche Bank, Morgan Stanley and Royal Bank of Canada – are alleged to have unlawfully shared the information “through one or more series of one-to-one conversations in chatrooms” at varying...
Read more on fnlondon.comAbout this in other media
Millions will face fuel poverty despite Ofgem move to cut energy price cap theguardian.com /3 days ago
Major banks shared sensitive bonds information in online chats, CMA finds theguardian.com /3 days ago
Bank of England says inflation has ‘turned corner’ despite soaring food prices theguardian.com /4 days ago
Show more
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
