NEW YORK Oct 17 Deutsche Bank AG has
agreed to pay $38 million to settle U.S. litigation over
allegations it illegally conspired with other banks to fix
silver prices at the expense of investors, according to court
papers filed on Monday.
The settlement, disclosed in papers filed in Manhattan
federal court, came in one of many recent lawsuits in which
investors have accused banks of conspiring to rig rates and
prices in financial and commodities markets.
(Reporting by Nate Raymond in New York; Editing by Bernard Orr)