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Deutsche Bank records show silver-price rigging, say complainants

Published Thu, Dec 8, 2016 · 09:50 PM

New York

EIGHT months after Deutsche Bank AG settled a lawsuit claiming it manipulated gold and silver prices, documents it disclosed as part of the accord provide "smoking gun" proof that UBS Group, HSBC Holdings, Bank of Nova Scotia and other firms rigged the silver market, plaintiffs claim.

The allegation came in a filing on Wednesday in a Manhattan federal court lawsuit filed in 2014 by individuals and entities that bought or sold futures contracts.

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