U.S. To Fine Deutsche Bank AG's Subsidiary Over Energy Trading-Reuters


Tuesday, 22 Jan 2013 02:17am EST 

Reuters reported that U.S. electricity regulators are expected to impose a $1.5 million fine on a Deutsche Bank AG's subsidiary over alleged power market manipulation, the Wall Street Journal reported, citing people with knowledge of the matter. Deutsche Bank has disputed The Federal Energy Regulatory Commission's (FERC) allegation that it manipulated the market by deliberately losing money on physical transactions to profit in derivative markets. 

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