Five major banks are being investigated by the Competition and Markets Authority (CMA) for sharing competitively sensitive information in one-to-one conversations.  Citi Bank, Deutsche Bank, HSBC, Morgan Stanley, and Royal Bank of Canada are alleged to have participated in the market-infringing conduct between 2009 and 2013.  The CMA states that in that time, private talks … Continue reading Five banks under CMA investigation over competition laws