Seven banks club together to provide indices

Investment banks have proved once again that there is safety in numbers by clubbing together to create multi-provider bond indices.

In a strategy mirroring that in the e-commerce electronic trading sector, seven investment banks have joined forces to offer a range of indices based on euro and sterling-denominated bonds.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions