French watchdog fines Morgan Stanley for bond price manipulation


Team Udayavani, Dec 10, 2019, 2:26 PM IST

Paris: France’s financial markets regulator said Tuesday it had fined US bank Morgan Stanley 20 million euros ($22 million) for market manipulation at the height of the Greek debt crisis.

 

The Autorite des Marches Financieres said the lender had manipulated French and Belgian bond prices in June 2015 with the aim of causing an “abnormal and artificial rise” in sovereign bond prices and re-selling them for a profit.

Morgan Stanley has denied manipulating markets.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Heavy rain leaves Vitla-Mangaluru road flooded

B’luru gets new Police Commissioner

Rain batters coastal Karnataka, red alert issued in Dakshina Kannada, Udupi

Child boarding incident: DGCA finds IndiGo staff prima facie violated regulations, issues showcause

In a first, High Court hears case through Whatsapp

Bodies floating on Ganga: NGT asks UP, Bihar govts to inform number of human corpses found in river

Kashmiri Pandits continue to protest against Rahul Bhat’s killing


Related Articles More

RBI may hike rates by 75 bps by August in view of persistent inflation: SBI Economists

McDonald’s to sell its Russian business, try to keep workers

Biological E. cuts price of its COVID-19 vaccine to Rs 250 per dose

Asian shares mixed as markets eye US interest rates, prices

Paytm to file for new license, says bullish about its roadmap for general insurance

MUST WATCH

Long term predictions | Jayateertha Acharya

NEWS BULLETIN 15-05-2022

CT Ravi Statement about Congress

Thousands Witness Ancient Tulunadu Celebration of ‘Pilikola’

NEWS BULLETIN 14-05-2022


Latest Additions

Solutions to world’s problems lie in traditional Indian knowledge: Education minister

Heavy rain leaves Vitla-Mangaluru road flooded

B’luru gets new Police Commissioner

Rain batters coastal Karnataka, red alert issued in Dakshina Kannada, Udupi

Salman Khan to present Kichcha Sudeepa’s ‘Vikrant Rona’ in North India

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.