Antitrust Antitrust

Major banks accused of inflating prices in odd-lot corporate bond market

By Max Fillion
  • 21 Apr 2020 17:55
  • 21 Apr 2020 18:33
Bank of America, Citigroup, Goldman Sachs, and several other major global banks are facing a proposed class action accusing them of conspiring to inflate prices in the secondary odd-lot bond market.

Since at least Aug. 1, 2006, the complaint filed today (see here) alleges, the banks have used online chatrooms and other

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