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Morgan Stanley suspended from French auctions
The Agence France Trésor (AFT) has suspended Morgan Stanley’s primary dealership in French government bonds, making it the first bank to suffer such a proscription.
The suspension is a result of some transactions executed on June 16, 2015 that “seriously affected the liquidity of the French sovereign bond market”.
The Autorité des Marchés Financiers fined Morgan Stanley €20m in December 2019 over these trades, alleging that they were sold at “an abnormal ...Already a subscriber? Login
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Latest news from People & Markets
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Dude, where's my order book?
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The week in review: China’s GDP grows 2.3% in 2020, regulator expands market bans on securities-related violations, Ant works on business overhaul timetable
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CS appoints global head of renewables
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Dude, where's my order book?
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Regulation & Policy
The week in review: China’s GDP grows 2.3% in 2020, regulator expands market bans on securities-related violations, Ant works on business overhaul timetable
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People News
CS appoints global head of renewables
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Comment
Germany after Merkel, US Treasuries under Biden
