Swiss Regulator Names Seven Banks in Precious Metals Probe

  • UBS, Deutsche Bank, HSBC among seven banks investigated
  • Banks examined for possible price-fixing in precious metals
Photographer: Chris Ratcliffe/Bloomberg

Switzerland’s competition regulator identified seven banks that are being investigated as part of a probe into whether companies in Europe, the U.S. and Japan colluded to manipulate the prices of gold, silver and other precious metals.

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