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

Posted by Kitco News

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.