U.K. Watchdog Fines Global Banks Over Information Sharing on Government Bonds -- Update
The U.K.'s competition regulator is fining Citi, HSBC, Morgan Stanley and Royal Bank of Canada a total of 104.5 million pounds ($132.3 million) after a probe into the exchange of sensitive information ...
HSBC and other banks fined after using chat rooms to discuss gilt trades
Employees at Citi, HSBC, Morgan Stanley and Royal Bank of Canada all unlawfully exchanged information about the buying and ...
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CMA finds mega £762m deal “likely to reduce competition” - logistics giant disagrees and describes assessment as “disproportionate”
The Competition and Markets Authority (CMA) has found that global logistics giant GXO Logistics' purchase of Wincanton is ...
HSBC and three other banks told to pay out £100million
The Competition and Markets Authority (CMA) said that Citi would pay around £17.2 million, HSBC would pay £23.4 million, ...
Major banks including HSBC and Morgan Stanley fined for 'anti-competitive behaviour'
The Competition and Markets Authority (CMA) has handed out fines to the banks, as well as Royal Bank of Canada, after traders ...
GXO Logistics’ Wincanton Deal Likely Reduces Competition, U.K. Antitrust Regulator Says
Warehouse supplier GXO Logistics’ purchase of rival Wincanton would likely reduce competition and raise costs for U.K. grocers, the U.K.’s antitrust regulator said.The Competition and Markets ...
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BCD and Amex GBT Lead the Corporate Travel Market 'By Far,' UK Regulator Reveals
The UK Competition and Markets Authority found that BCD and Amex GBT are the two strongest companies in corporate travel, ...
Competition chair told by ministers to help ‘maximise’ UK investment
Former Amazon executive Doug Gurr was installed at the Competition and Markets Authority last month after ministers ousted ...
U.K Competition Watchdog Probes Safran, Collins Aerospace Deal
The U.K competition watchdog launched an investigation into French aerospace-industry supplier Safran's proposed purchase of a part of Collins Aerospace's actuation and flight control business.
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UK Competition and Markets Authority employs AI to detect bid-rigging in public procurement
The UK Competition and Markets Authority ( CMA) is trialling an artificial-intelligence ( AI) tool aimed at detecting ...
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UK competition watchdog changes course over Amex GBT-CWT merger
The UK competition watchdog has provided outline clearance to Amex GBT’s planned $570 million purchase of rival CWT in an ...