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U.S. regulators started Scotiabank probe before metals desk closure, filings show

By Peter Hobson Reuters Friday, May 8, 2020 LONDON -- U.S. regulators were investigating Bank of Nova Scotia's metals trading activities several months before it told staff it would wind down the unit, according to its most recent earnings report. Scotia, one of the most venerable names in the gold trade, told staff in a global call on April 28 that it would wind down its metals business by around the start of 2021, two sources...