Reported about 9 hours ago
A recent study indicates that global banks are providing private information to key clients to enhance their corporate-bond trading business, benefiting top investors with extensive dealer connections. The research found that insurance companies with better access to these networks experienced improved trading results, particularly during crucial events like mergers and acquisitions. Although the study avoids labeling this practice as 'insider trading,' it raises significant concerns about fairness in the financial market, prompting calls for stricter regulatory oversight.
Source: YAHOO