ZeroHedge – Gold Fix Manipulation Crackdown: Deutsche Officially Resigns London Fix Seat – 29 April 2014

ZeroHedgeThree months ago, we discussed the increasingly close eye that regulators were keeping on Deutsche Bank (and in fact many other precious metal fix providers) as manipulation concerns shifted from conspiracy theory to conspiracy fact. At the time, Deutsche – among other banks – had suggested it would relinquish its role on the London Fixing committee and was actively marketing its seat to other LBMA members – it failed to find a willing buyer; the WSJ now confirms…

Read the full story at: / link to original article

Comments are closed.