Swiss authorities probe 7 banks for price fixing in metals market
Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and other major banks for suspected price fixing in the trade of precious metals like gold and silver.
(AFP) Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and other major banks for suspected price fixing in the trade of precious metals like gold and silver.
The Swiss Competition Commission (COMCO) said it was probing whether seven banks had colluded to manipulate prices in the precious metals market.
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