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HSBC, Deutsche Bank named in US suit for silver price-fix
Saturday July 26th 2014, 2:38 pm Filed under Malpractice lawsuit

HSBC, Deutsche Bank and Canada's Bank of Nova Scotia have been accused of conspiring to fix the price of silver in a US lawsuit filed in federal court in New York. Plaintiff Scott Nicholson, an investor from the northwestern US state of Washington, said the three banks had "abused" their position to rig silver prices to the detriment of investors, according to the suit. Contacted by AFP, HSBC ... [News Source]