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Deutsche Bank, Citigroup, others move to dismiss US price-fixing case over UK government bonds

( September 28, 2023, 22:31 GMT | Official Statement) -- MLex Summary: Deutsche Bank, Citigroup, RBC, HSBC and Morgan Stanley moved to dismiss US claims accusing them of conspiring to manipulate the price of British pound sterling-denominated UK government bonds, saying plaintiffs have failed to explain how they could have effectively enforced an agreement to fix every security spread quoted to customers in the US for five years. They argued that plaintiffs’ complaint lacks sufficient facts that the firms ever entered into any conspiracy.See document below. ...

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