FCA lets debt markets off the hook but reciprocity in focus

Owen Sanderson

April 13, 2016 01:00 pm

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The Financial Conduct Authority’s study of competition in investment banking has found no need for action over competition in the primary debt markets, in contrast to equities (see separate story). However, the regulator said it will closely monitor the use of reciprocity to award mandates, particularly in covered bonds.

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Owen Sanderson