Wednesday, 17 July 2013

Barclays' $453m fine for U.S.A. energy market-rigging upheld

US regulators have upheld a fine on Barclays and 4 of its traders of $453m (£300m) for allegedly manipulating electricity costs.

Barclays should pay £435m at intervals thirty days, whereas one merchant should pay $15m and 3 others $1m every.

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