Banks charged with silver price manipulation

Source: BBC News
© Scanpix/Reuters
HSBC, Deutsche Bank and Bank of Nova Scotia are being accused of price rigging in the silver market according to a US lawsuit. The Bank of Nova Scotia has stated that it will defend itself with the other two declining comment. Even though Barclays was fined $44m this year for attempts to fix the gold price, there seems to be little evidence from US regulators to support this allegation.
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