financetom
Business
financetom
/
Business
/
UK fines four banks $127 million for bond information exchange
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK fines four banks $127 million for bond information exchange
Feb 20, 2025 11:36 PM

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 ( HSBC ), Morgan Stanley ( MS ), and Royal Bank of Canada. 

(Reporting by Shashwat Awasthi; Editing by Mrigank Dhaniwala)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vision Marine Technologies Files for Sale of 7.3 Million Common Shares
Vision Marine Technologies Files for Sale of 7.3 Million Common Shares
Jan 23, 2025
11:13 AM EST, 01/23/2025 (MT Newswires) -- Vision Marine Technologies ( VMAR ) filed a registration statement with the US Securities and Exchange Commission Thursday for the potential sale of up to roughly 7.3 million common shares by certain shareholders from time to time. The filing covers 4.3 million shares, 450,000 shares underlying pre-funded warrants, 2.4 million shares underlying common...
Alphabet's Fitbit to Pay $12.25 Million Fine to Settle Probe Into Overheating Smartwatches
Alphabet's Fitbit to Pay $12.25 Million Fine to Settle Probe Into Overheating Smartwatches
Jan 23, 2025
11:10 AM EST, 01/23/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Fitbit unit has agreed to pay a $12.25 million fine to resolve charges by the US Consumer Product Safety Commission that it failed to properly report a defect in its Ionic smartwatches that posed an unreasonable risk of injury for consumers. The CPSC and Fitbit jointly announced a recall of...
AtkinsRealis, Aecon JV in Multi-Billion Dollar Contract for Pickering CANDU Nuclear Facility Refurbishment
AtkinsRealis, Aecon JV in Multi-Billion Dollar Contract for Pickering CANDU Nuclear Facility Refurbishment
Jan 23, 2025
11:09 AM EST, 01/23/2025 (MT Newswires) -- AtkinsRealis ( SNCAF ) unit Candu Energy, in a joint venture (JV) with Aecon Group ( AEGXF ) , said on Thursday it was awarded a $2.1 billion contract by Ontario Power Generation (OPG) to progress the early works associated with the Pickering Nuclear Generating Station Retube, Feeder and Boiler Replacement project. The...
Senate panel approves Trump's picks to run energy, interior departments
Senate panel approves Trump's picks to run energy, interior departments
Jan 23, 2025
* All three nominees sent to full senate for vote * Democrat votes against Wright for his stance wildfires are overhyped * Biden had sought to limit oil drilling (Adds comment by Republican Senator Mike Lee, paragraph 10, and that Trump EPA pick Zeldin passed through committee) By Timothy Gardner WASHINGTON, Jan 23 (Reuters) - U.S. Senate committees on Thursday...
Copyright 2023-2026 - www.financetom.com All Rights Reserved