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Barclays to fight power manipulation fine

2013-07-17 8 Dailymotion

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.<br /><br />The British bank is facing a $453 million fine (345 million euros). <br /><br />Hefty penalties have also been levied against four of its power traders who are are accused of manipulating an index relating to electricity prices.<br />...<br />http://www.euronews.net/

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