Five Banks Unlawfully Shared Information on Government Bonds, U.K. Regulator Says

Five Banks Unlawfully Shared Information on Government Bonds, U.K. Regulator Says

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The U.K.’s Competition and Markets Authority on Wednesday said it has provisionally found that Citi , Deutsche Bank , HSBC , Morgan Stanley and Royal Bank of Canada broke competition law by exchanging sensitive information on U.K. government bonds in one-to-one online chats.

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