A PYMNTS Company

Deutsche Bank PM Settlement Might Only Be The Start – Expert Witness

By  |  April 20, 2016

Posted by Kitco News

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Deutsche Bank PM Settlement Might Only Be The Start – Expert Witness

    Deutsche Bank AG’s, decision to settle U.S. lawsuits of conspiring to manipulate the gold and silver market could create a domino effect, leading to other banks coming forward, this according to one expert witness.

    In an email statement to Kitco News, Rosa Abrantes-Metz, managing director of Global Economics Group and adjunct associate professor at the Stern School of Business at New York University said that she wouldn’t be surprised if other banks cme forward .

    Abrantes-Metz was the economist for the plaintiffs gold and silver manipulation lawsuits. She is also one of the first researchers to publish a paper which highlights a decade of manipulation.