12/10/2019, 8:25 AM (Source: TeleTrader)
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Morgan Stanley fined €20M in France for bond manipulation

French financial markets regulator AMF said on Tuesday it fined American lender Morgan Stanley for bond manipulation in 2015.

AMF noted that it found the bank manipulated French and Belgian bonds prices in June 2015 with the aim of causing an "abnormal and artificial rise" of the sovereign bond prices.

The regulator noted Morgan Stanley can appeal the decision.

Breaking the News / NP