RBC among four banks to settle U.K. bonds collusion case for US$127 million
Four major banks will pay fines totalling over £100 million (US$127 million) to settle a long-running antitrust case over ...
The Banker3h
Citi abandons employee diversity targets; StanChart unveils $1.5bn share buyback after 18% profit jump
Standard Chartered announced a $1.5bn share buyback on Friday after reporting an 18 per cent rise in annual profit, driven by record growth in its wealth business and strong performance in its markets ...
UK banks hit with £100M penalty for breaching gilt trading rules
Citi, HSBC, Morgan Stanley, and RBC fined over £100mn by the UK’s CMA for exchanging sensitive gilt trading data. Deutsche ...
HSBC and other banks fined after using chat rooms to discuss gilt trades
Employees at Citi, HSBC, Morgan Stanley and Royal Bank of Canada all unlawfully exchanged information about the buying and ...
U.K. Watchdog Fines Global Banks Over Information Sharing on Government Bonds — Update
The U.K.'s competition regulator is fining Citi, HSBC, Morgan Stanley and Royal Bank of Canada a total of 104.5 million pounds ($132.3 million) after a probe into the exchange of sensitive information ...
Zawya5h
Four banks fined $132mln for sharing UK bond market information
The Competition and Markets Authority said it had reached settlements with the banks over the sharing of information between 2009 and 2013 ...
Solicitors Journal5h
Banks fined over competition breach
Four banks have now settled and agreed to pay a total of £104,460,000 in fines. Deutsche Bank is exempt due to its voluntary ...
Major banks including HSBC and Morgan Stanley fined for 'anti-competitive behaviour'
The Competition and Markets Authority (CMA) has handed out fines to the banks, as well as Royal Bank of Canada, after traders ...
Four Banks Settle UK Gilts Collusion Case For £104 Million
Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes ...
Four major City banks fined more than £100 million by watchdog
But a fifth bank Deutsche Bank has given immunity for reporting its conduct, which began in 2009 and ended in 2013 The CMA ...
Banks including HSBC fined £100m for ‘anti-competitive behaviour’
In a statement released this morning, the Competition and Markets Authority (CMA) confirmed that the banks have agreed to pay ...