UK fines 4 banks $127 million for bond information exchange

Four banks fined $132 million for sharing UK bond market information
Britain's competition regulator has fined Citi , HSBC , Morgan Stanley and Royal Bank of Canada (RBC) a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information about UK government bonds.
UK Fines Four Banks $127 Million for Bond Information Exchange
BENGALURU - UK's competition regulator said on Friday four global banks would pay fines totalling more than 100 million pounds ($126.7 million) for exchanging sensitive information about UKgovernment bonds. The banks fined are Citi, HSBC, Morgan Stanley, and Royal Bank of Canada.
Top banks face fines for breaking competition laws on UK bonds
Citi, HSBC, Morgan Stanley and Royal Bank of Canada will pay a combined total of over US$127 million in fines for anti-competitive activities.
UK fines four global banks $132 million for anti-competitive bond market activity
UK's competition regulator has fined four global banks 104.5 million pounds ($132.4 million) for exchanging sensitive information about UK government bonds between 2009 and 2013. The Competition and Markets Authority (CMA) said it had reached settlements with Citi,
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