French Regulator Asks for EUR25 Million Penalty Against Morgan Stanley

Date : 11/08/2019 @ 4:52PM
Source : Dow Jones News
Stock : Morgan Stanley (MS)
Quote : 49.045  0.205 (0.42%) @ 5:37PM
Morgan Stanley share price Chart

French Regulator Asks for EUR25 Million Penalty Against Morgan Stanley

Morgan Stanley (NYSE:MS)
Historical Stock Chart

1 Month : From Oct 2019 to Nov 2019

Click Here for more Morgan Stanley Charts.

The French financial market regulator AMF asked for a penalty of 25 million euros ($27.7 million) against Morgan Stanley (MS) after the American bank appeared before the AMF's sanction committee on Friday morning.

The AMF alleges that on June 16, 2015, Morgan Stanley manipulated the price of the French and Belgian governments' debt, as well as contracts on German and French bonds, which AMF estimates would have allowed the bank to acquire between EUR1.5 million to EUR5.5 million.

Morgan Stanley rejects the allegations.

 

(This story was translated from the French Service Agefi-Dow Jones The financial newswire) -- Author: Franck Joselin

Translated by: Olivia Bugault

 

(END) Dow Jones Newswires

November 08, 2019 11:37 ET (16:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest MS Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
TSX
BCE
BCE Inc
TSX
IVN
Ivanhoe Mi..
FX
CADUSD
Canadian D..
USOTC
XUII
Xumanii In..
FX
EURCAD
Euro vs Ca..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:ca D:20191122 17:52:39