BofA, Barclays, BNP Get Out of Silver Price-Fixing Suit

Bank of America Corp., Barclays PLC, Standard Chartered PLC, BNP Paribas Fortis SA/NV, and UBS Group AG, and entities related to each bank, are out of a suit alleging price fixing in the silver market.

U.S. District Court for the Southern District of New York Judge Valerie Caproni held July 25 that chatroom transcripts showing those big banks “episodically” conspired to fix the silver market wasn’t enough to sustain a lawsuit by options and futures traders.

The plaintiffs lack antitrust standing to bring suit against the banks because they weren’t close enough to the losing end of the trades that ...