A new high? | Gold price predictions from J.P. Morgan Research
WEBJul 15, 2024 · With the strong structural bull case for gold remaining intact, J.P. Morgan has upgraded its gold price targets for this year and 2025. Gold prices are expected to climb to $2,500/oz by the end of 2024, according to J.P. Morgan Research estimates.
Former J.P. Morgan Precious Metals Traders Sentenced to Prison
WEBAug 22, 2023 · Defendants Were J.P. Morgan’s Former Head of Global Precious Metals Business and J.P. Morgan’s Former Head Gold Trader in New York. Two former precious metals traders at JPMorgan Chase & Co. (JPMorgan) were sentenced today for engaging in fraud, attempted price manipulation, and spoofing as part of a market manipulation scheme that spanned ...
Former J.P. Morgan Traders Convicted of Fraud, Attempted Price ...
WEBAug 10, 2022 · A federal jury in the Northern District of Illinois convicted two former precious metals traders at JPMorgan Chase & Co. (JPMorgan) today of fraud, attempted price manipulation, and spoofing in a multi-year market manipulation scheme of precious metals futures contracts that spanned over eight years and involved thousands of unlawful trading ...
Two former JPMorgan traders sentenced to prison for fraud
WEBWASHINGTON, Aug 22 (Reuters) - Two former precious metals traders at JPMorgan Chase (JPM.N) were sentenced on Tuesday for engaging in fraud, attempted price manipulation and spoofing, the U.S....
JPMorgan Gold Desk Ripped Off Market for Years, Jurors Told
WEBJul 8, 2022 · The precious-metals business at JPMorgan Chase & Co.operated for years as a corrupt group of traders and sales staff who manipulated gold and silver markets for the benefit of the bank and its...
JPMorgan’s Gold ‘Boss’ Led Plot to Spoof Prices, Jury Told
WEBJul 28, 2022 · Michael Nowak was “the boss” of a plot at JPMorgan Chase & Co. to manipulate gold and silver prices and worked with the top trader and salesman on the bank’s precious metals desk to “spoof ...
JPMorgan to pay $60 mln to settle precious metals spoofing lawsuit
WEBNov 20, 2021 · NEW YORK, Nov 19 (Reuters) - JPMorgan Chase & Co (JPM.N) agreed to pay $60 million to settle class-action litigation by investors who accused the largest U.S. bank of intentionally manipulating...
JPMorgan to pay $920m in largest-ever spoofing settlement
WEBSep 29, 2020 · JPMorgan Chase has admitted manipulating precious metals futures and US government bond markets over eight years in a $920m settlement with US authorities over the practice known as spoofing.
Two former JPMorgan metals traders found guilty in landmark ... - CNBC
WEBAug 10, 2022 · Two former JPMorgan Chase employees were found guilty on some charges in a landmark trial over futures market manipulation on Wednesday, while a third former trader was acquitted entirely, a ...
Prosecutors Say JPMorgan Traders Scammed Metals Markets by …
WEBJul 9, 2022 · CHICAGO— JPMorgan Chase & Co.’s precious-metals traders consistently manipulated the gold and silver market over a period of seven years and lied about their conduct to regulators who...
- Some results have been removed