BREAKING NEWS
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
Mangaluru: Asiatic male lion arrives at Pilikula Zoo
Shivamogga: Wild elephant dies due to electrocution form farm fence; Landowner detained
Folk singer Sharda Sinha’s condition critical, PM in direct contact with treating doctors
CBI forms SIT to probe into Tirupati laddu adulteration allegations
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Temple idols found desecrated in Hyderabad, case registered
SC upholds validity of UP madrassa law, says it does not violate principle of secularism
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Kodagu murder case accused escapes from police in Hyderabad
Karnataka Maritime Board announces plans for Mangaluru Water Metro Project
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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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