HSBC, 4 other banks broke UK competition law with bond-trading communications: regulator

HSBC, 4 other banks broke UK competition law with bond-trading communications: regulator

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Deutsche Bank alerted the CMA to the alleged unlawful activity and Citi applied for leniency during the inquiry, with both banks admitting to being involved in anticompetitive behaviour, the CMA said. The inquiry began in November 2018. “Deutsche Bank proactively reported the issue to the UK…

#deutschebank #cma #citi #rbc #hsbc #treasury #bankofengland #boe

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