Former Deutsche Bank trader Edward Bases allegedly put out bids to buy gold futures valued around $244 million over the course of four-and-a-half minutes, with more than 98% canceled without being filled.
The executive, who was ousted from a Belgian aluminum plant unit earlier this month, has successfully battled in court to be appointed back to the board.
Mairead Lavery, who in 2019 became the first woman to helm EDC in its 75-year history, has made environmental, social and governance investing one of her three priorities.
The company churned out 75.7 million tonnes in the second quarter compared with the 78 million tonnes average estimate among analysts tracked by Bloomberg.
