Banks Face U.S. Manipulation Probe Over Metals Pricing – Bloomberg

2/24/2015 – The U.S. Justice Department is investigating whether the world’s biggest banks manipulated prices of precious metals such as silver and gold, according to people with knowledge of the matter.

At least 10 banks, including Barclays Plc, JPMorgan Chase & Co., and Deutsche Bank AG are being probed by the Justice Department’s antitrust division, said one of the people, who asked not to be named because the matter is confidential.

The metals investigation, which is in the early stages, broadens … read more

Leave a Comment