Where Our Three Market Guidestones Are Pointing Next
There’s a lot going on in… and around… the financial …
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Citi, HSBC, Morgan Stanley and RBC Fined by UK Competition and Markets Authority
The UK’s Competition and Markets Authority (CMA) said Friday that it has fined Citi, HSBC, Morgan Stanley, and Royal Bank of Canada (RBC) a combined £104.5 million for exchanging sensitive information about UK government bonds, known as gilts. According to the CMA, individual traders at each bank shared competitively sensitive pricing information via private one-to-one…
