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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.
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Sensex reclaims 80k mark; Nifty surges over 1% after BJP-led Mahayuti’s win in Maharashtra
IT employee, lover arrested in murder of Kochi woman
IPL Auction 2025 | GT buy Washington Sundar for Rs 3.20 crore; Shaw, Shardul go unsold
ED conducts raids in Delhi-NCR in real estate ‘fraud’ linked money-laundering case
ED conducts raids in Delhi-NCR in real estate ‘fraud’ linked money-laundering case
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