Deutsche Bank Pays $38 Million To Settle Silver Manipulation Lawsuit

deutsche bank

Deutsche Bank Pays $38 Million To Settle Silver Manipulation Lawsuit:

The scandal-plagued Deutsche Bank agreed on Friday afternoon to pay $38 million to settle US litigation over allegations it illegally conspired with other banks to manipulated and fix silver prices at the expense of investors. A lawyer for the investors said the deal provides “substantial monetary compensation plus cooperation in the continued prosecution of this case against the non-settling defendants.”

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