The largest fine went to Royal Bank of Canada, which will pay £34.2 million. Citi will pay around £17.2 million, HSBC £23.4 million and Morgan Stanley £29.7 million. All the banks had their ...

RBC was hit with the biggest fine of £34.2million, while Morgan Stanley's penalty came to £29.7million. HSBC was fined £23.4million while Citi took a hit of just £17.6million, having been ...

Four of the largest banks in the world will pay fines totalling over £100m to the UK competition watchdog after traders shared market sensitive information about gilts in private chatrooms. Individual ...

RBC received the largest fine at 34.2 million pounds, followed by Morgan Stanley (29.7 million pounds) and HSBC (23.4 million pounds). All three banks were given a 10% reduction for settling after ...

“The fines would have been substantially higher had the banks not already taken unusually extensive steps to make sure that this doesn’t happen again.” Four banks – Citi, HSBC, Morgan ...

The UK's Competition and Markets Authority (CMA) has imposed fines exceeding £100m on four of the world's largest banks after uncovering that traders shared market-sensitive information about gilts in ...

HSBC will have to pay a 23.4 million-pound fine and said it was happy to put the investigation behind it. "Since that period we have transformed our controls and the CMA itself has acknowledged we ...

Citi, HSBC, Morgan Stanley and Royal Bank of Canada will pay a total of over £100m Four major banks have been fined for breaching competition laws by sharing "sensitive" information on UK ...

Citi faces a £17.2m fine, which includes a 35 per cent leniency discount and a 20 per cent reduction for settling before the CMA published its initial findings from the investigation. HSBC will ...

The fines amount to 23.4 million pounds for HSBC, 29.7 million pounds for Morgan Stanley and 34.2 million pounds for RBC. Citi received a reduced fine of 17.2 million pounds as it applied for ...