Deutsche Bank and Citi admit anti-competitive activity in UK bond market

Deutsche Bank and Citi admit anti-competitive activity in UK bond market

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Deutsche Bank and Citigroup have admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain’s anti-trust watchdog said Wednesday, as it provisionally found five banks in breach of competition rules. HSBC (HBCYF), Morgan Stanley (MS)…

#deutschebank #citigroup #hsbc #hbcyf #royalbankofcanada #cma #michaelgrenfell #rbc #bankofengland #thomsonreuters

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