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 about government bonds.
Four banks fined by UK regulator over gilt information sharing
Citi, HSBC, Morgan Stanley and Royal Bank of Canada will pay the penalties after a Competition and Markets Authority investigation found that, between 2008 and 2013, a small number of traders at the banks shared sensitive information in private Bloomberg chat rooms relating to buying and selling gilts on specific dates.
Employees at Citi, HSBC, Morgan Stanley and Royal Bank of Canada all unlawfully exchanged information about the buying and ...
The Competition and Markets Authority (CMA) has found that global logistics giant GXO Logistics' purchase of Wincanton is ...
The Competition and Markets Authority (CMA) said that Citi would pay around £17.2 million, HSBC would pay £23.4 million, ...
The Competition and Markets Authority (CMA) has handed out fines to the banks, as well as Royal Bank of Canada, after traders ...
Warehouse supplier GXO Logistics’ purchase of rival Wincanton would likely reduce competition and raise costs for U.K. grocers, the U.K.’s antitrust regulator said.The Competition and Markets ...
The UK Competition and Markets Authority found that BCD and Amex GBT are the two strongest companies in corporate travel, ...
Rachel Reeves’s push to attract foreign investors has been dealt a blow after the UK’s embattled competition watchdog raised ...
Former Amazon executive Doug Gurr was installed at the Competition and Markets Authority last month after ministers ousted ...
The U.K competition watchdog launched an investigation into French aerospace-industry supplier Safran's proposed purchase of a part of Collins Aerospace's actuation and flight control business.
The UK Competition and Markets Authority ( CMA) is trialling an artificial-intelligence ( AI) tool aimed at detecting ...
The Department for Business and Trade has opened a consultation on this Government’s draft proposals, which is open for comment until 6 March 2025.
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