Silver price-fixing lawsuits consolidated in Manhattan federal court
Litigation alleging that Deutsche Bank AG, Bank of Nova Scotia and HSBC Plc [HSBCUK.UL] illegally fixed the price of silver has been centralized in Manhattan federal court.
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A top U.S. Securities and Exchange Commission official said on Tuesday the agency's the "broken windows" enforcement strategy, of pursuing violations big or small, hinders its ability to set priorities and maintain robust, healthy markets.
Former UBS bank executive Raoul Weil was the mastermind of the Swiss bank's illegal offshore operations that helped thousands of Americans evade taxes, prosecutors said at the start of his federal trial on Tuesday.
The U.S. Supreme Court on Wednesday is set to wade into Teva Pharmaceutical Industries Ltd's fight over patent protections for Copaxone, its top-selling multiple sclerosis drug, in one of the most important business cases of the justices' new term.
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