• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Deutsche Bank Settles Lawsuits on Silver, Gold Manipulation

    Charlotte McLeod
    Apr. 13, 2016 04:46PM PST
    Precious Metals

    Bloomberg reported that Deutsche Bank AG (NYSE:DB) has reached settlements in lawsuits regarding allegations that it manipulated gold and silver prices.

    Bloomberg reported that Deutsche Bank AG (NYSE:DB) has reached settlements in lawsuits regarding allegations that it manipulated gold and silver prices.
    Charges were brought against Deutsche Bank and other banks in 2014 by silver and gold futures traders who believed they had rigged prices for the precious metals and their derivatives, the news outlet states.
    As quoted in the market news:

    Attorneys for futures contract traders in two private lawsuits said in letters filed Wednesday and Thursday in Manhattan federal court that the bank has executed term sheets and is negotiating final details for the accords.
    The German financial firm also agreed to help the plaintiffs pursue similar claims against other banks as part of the settlements, according to the letters. Vincent Briganti and Robert Eisler, attorneys for traders in the silver-fixing lawsuit, said Deutsche Bank will turn over instant messages and other communications to help further their case. Financial terms of the settlements weren’t disclosed.

    Click here to read the full Bloomberg report.

    deutsche banknyse:dbgold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    wooden lettered blocks transitioning from "fake" to "fact"

    Silver Price Manipulation: Fact or Fantasy?

    gold bars with down arrow

    Top Stories This Week: US Bank Failures Send Gold Flying, M&A Continues

    Latest News

    Feysville Land Use Agreement Signed With Marlinyu Ghoorlie

    NAE Raises $3.75m to Advance Wagyu and Lammerlaw

    Quimbaya Gold Announces C$10 Million Bought Deal Financing

    Gold and Crypto: Redefining the Future of Finance

    Lahontan Closes Strategic York Claims Purchase at Santa Fe

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Rua Gold

    RUA:CC

    Pinnacle Silver and Gold

    PINN:CC

    JZR Gold

    JZR:CA

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC

    Mount Hope Mining

    MHM:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES