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 ...

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 ...

HSBC UK has also made a 0.25% reduction to its standard variable rate (SVR) for residential mortgages – now at 6.74%.

The Net-Zero Banking Alliance — an alliance of lenders nominally committed to fighting climate change — is debating whether ...

A major bank is extending a “financial health check” service across its branch network. HSBC UK said the move builds on the ...

The individual fines for the banks are as follows: HSBC was fined 23.4 million pounds, Morgan Stanley was fined 29.7 million pounds, and RBC was fined 34.2 million pounds. Citi received a reduced ...

RBC received the largest fine at £34.2m, followed by Morgan Stanley's fine of £29.7m and HSBC's fine of £23.4m. All three banks were given a 10% reduction for settling after the CMA's Statement ...

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 ...

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 ...

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The UK's Competition and Markets Authority (CMA) reached settlements with Citigroup (C.US), HSBC HOLDINGS (00005.HK ... AG was granted immunity from the fine after admitting anti-competitive ...

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 ...