Barclays to fight power manipulation fine
- 11 years ago
Barclays has said it will fight the record fine imposed on it by a US energy regulator over the alleged manipulation of power markets in California and other states.
The British bank is facing a $453 million fine (345 million euros).
Hefty penalties have also been levied against four of its power traders who are are accused of manipulating an index relating to electricity prices.
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http://www.euronews.net/
The British bank is facing a $453 million fine (345 million euros).
Hefty penalties have also been levied against four of its power traders who are are accused of manipulating an index relating to electricity prices.
...
http://www.euronews.net/