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J.P. Morgan, HSBC sued for silver manipulation

28 Oct News | Comments

(Updates with more information from suits, HSBC declines to comment, comments from a strategist.) Two separate lawsuits filed in federal court in Manhattan Wednesday allege that banks J.P. Morgan Chase & Co. JPM and HSBC Holdings Inc. HBC manipulate the price of silver futures by “amassing enormous short positions.

 

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