Precious metals trading probe pzckdqa

Precious metals trading probe

06.12.2020

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The impact of the probes on wider precious metals trading was likely to be muted, according to Brian Lucey, professor of finance at the School of Business, Trinity College Dublin. In November 2018, a former JPMorgan precious-metals trader admitted he engaged in a six-year spoofing scheme that defrauded investors in gold, silver, platinum, and palladium futures contracts. A bank spokeswoman, Jessica Francisco, declined to comment and pointed to company filings from last year disclosing that the Justice Department’s Criminal Division was investigating “trading practices in the metals markets and related conduct.” How the probe proceeds from here is likely to be watched closely. NEW YORK (REUTERS) - Regulatory scrutiny of precious metals trading at JPMorgan Chase & Co, one of the world's largest gold brokerages, has expanded to Singapore and ensnared two more bank Aerospace Agriculture Aluminium Production Analytics Automotive Building Materials Ceramics Chemicals Coatings Composites Cosmetics Dental Electrochemicals Electronics Environmental Protection Food Gastronomy Glass HVAC (Heating, Ventilating, and Air Conditioning) Investment Jewelry Laboratory Laser Lighting Measurement Engineering Medical Technology Metal Microlithography Mining and Smelting Optical Optical Fiber Packaging Petrochemical Pharmaceutical Photovoltaics Plastics Power Generation Probe Metals Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The Company is committed to discovering and developing high-quality gold projects, including its key asset the Val-d’Or East Gold Project, Quebec.

25 Aug 2015 The European Union's competition watchdog is investigating alleged “ anticompetitive behavior in precious metals spot trading,” a spokesman said.

9 Nov 2014 UBS to settle over precious metals misconduct allegations as part of forex market rigging probe expected to strike a settlement with financial regulators over allegations of misconduct at its precious metals trading business. 25 Aug 2015 The European Union's competition watchdog is investigating alleged “ anticompetitive behavior in precious metals spot trading,” a spokesman said.

28 Sep 2015 UBS, Deutsche Bank, Morgan Stanley and HSBC refused to comment on the current probe, while Julius Baer Deutsche Bank was no longer active in the precious metals trading market, while UBS had remained a major

Another JPMorgan Chase & Co. official was charged in the U.S. probe of the bank’s precious metals trading operation. Jeffrey Ruffo, a former JPMorgan executive director on the metals desk in New York who specialized in hedge fund sales, was charged with fraud conspiracy and racketeering conspiracy, according to a superseding indictment made public Friday…

5 Feb 2020 U.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are JPMorgan's Role in Metals Spoofing Is Under U.S. Criminal Probe Investigation said to move to bank parent after traders' pleas; Precious-metals desk was racketeering operation, U.S. has said.

5 Feb 2020 U.S. authorities that accused six JPMorgan Chase & Co employees of rigging precious-metals futures are building a criminal case against the The probe raises the prospect of criminal charges and significant fines against the bank, the report said. Refinery employee tests positive for coronavirus -sources 4 days ago · S&P 500 tumbles as trading on Wall Street resumes 2 days ago. 13 Sep 2019 Nowak is a managing director and global head of base and precious metals trading in New York for the bank, according to his LinkedIn profile. Smith's title could not be learned.Nowak was placed on leave around late August, 28 Sep 2015 Trading in gold, silver, platinum and palladium is where the Swiss regulator is focusing its attention. HSBC is already involved in a case of metal price-fixing in New York, where it is amongst several companies which were

5 Feb 2020 U.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are JPMorgan's Role in Metals Spoofing Is Under U.S. Criminal Probe Investigation said to move to bank parent after traders' pleas; Precious-metals desk was racketeering operation, U.S. has said.

9 Nov 2014 Swiss bank giant UBS (NYSE:UBS), the world's largest private lender, is about to reach a settlement in the year-long global probe into allegations of misconduct at its precious metals trading business, as well as supposed 5 Feb 2020 U.S. authorities that accused six JPMorgan Chase & Co employees of rigging precious-metals futures are building a criminal case against the The probe raises the prospect of criminal charges and significant fines against the bank, the report said. Refinery employee tests positive for coronavirus -sources 4 days ago · S&P 500 tumbles as trading on Wall Street resumes 2 days ago. 13 Sep 2019 Nowak is a managing director and global head of base and precious metals trading in New York for the bank, according to his LinkedIn profile. Smith's title could not be learned.Nowak was placed on leave around late August, 28 Sep 2015 Trading in gold, silver, platinum and palladium is where the Swiss regulator is focusing its attention. HSBC is already involved in a case of metal price-fixing in New York, where it is amongst several companies which were 24 Feb 2015 The Swiss Financial Market Supervisory Authority included precious metals trading in its currency-rigging probe, saying it found “serious misconduct” by UBS employees when announcing its settlement with the Zurich-based