WebDec 2, 2016 · Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of … WebOct 19, 2024 · A gold fix occurs when the The London Gold Market Fixing Ltd. sets the price of gold. The process occurs twice a day (10:30 a.m. and 3 p.m. London time) …
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WebNov 15, 2024 · Barclays Plc, Société Générale SA, Scotiabank, and London Gold Market Fixing Ltd. will pay a combined $50 million to end antitrust litigation over an alleged scheme to rig the gold “fix,” a key pricing benchmark, according to a federal court filing in Manhattan. The traders leading the lawsuit sought preliminary approval for the ... WebSep 30, 2024 · A partial settlement in the gold price-fixing class action lawsuit Canada has been approved, involving some of the financial institutions. The Class Members received … phenyl goli
Case Spotlight: Gold Fixing Antitrust - FRT Services
WebApr 13, 2016 · By Reuters Staff. 2 Min Read. (Reuters) - Deutsche Bank AG has agreed to settle U.S. litigation over allegations it illegally conspired with Bank of Nova Scotia and HSBC Holdings Plc to fix silver ... WebNov 17, 2024 · November 17, 2024. In what has become a steady stream of fines, settlements, and convictions, there was more news this week on the gold price manipulation front as multiple bullion banks reached a settlement regarding their manipulation efforts around the London daily price fixing. And what is the London daily … WebFeb 11, 2024 · PHILADELPHIA, February 11, 2024 –U.S. District Judge Valerie E. Caproni of the Southern District of New York preliminarily approved a $50 million settlement between Plaintiffs and Barclays Bank PLC, The Bank of Nova Scotia, Société Générale and The London Gold Market Fixing Ltd. (“LGMF”) in In re: Commodity Exchange Inc., Gold … phenylglyoxal