Reuters reporting the Swiss Competition Authority's ( WEKO) probe into possible collusion by several banks

  • those banks include UBS, Deutsche, Julius Baer, HSBC, Barclays, Morgan Stanley, Mitsui
  • suspicion relates to possible co-ordination of prices, namely bid/ask spreads
  • expects resolution in probe some time in 2016/2017

No rush then it seems

Last year Swiss financial regulator FINMA said it had found a clear attempt to manipulate precious metals price benchmarks during a cross-market investigation into trading at UBS