28th Sep 2015 05:56
LONDON (Alliance News) - The Swiss competition regulator on Monday confirmed it has opened an investigation into the possible manipulation of precious metals markets by several major banks, Reuters reported.
The WEKO watchdog is understood to have opened probes into possible collusion by UBS AG, Julius Baer Group Ltd, Deutsche Bank AG, HSBC Holdings PLC, Barclays PLC, Morgan Stanley and Mitsui Group.
http://www.reuters.com/article/2015/09/28/precious-manipulation-swiss-idUSFWN11Y00120150928
By Sam Unsted; [email protected]; @SamUAtAlliance
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