Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

U.S. power regulator to fine Deutsche Bank unit over energy trading: WSJ

The federal energy regulatory commission (FERC) suggested that Germany's energy trading department to pay fines and illegal income of $123198 last year, he said in the so-called wealth profit control California electricity price.
Last week, the federal energy regulatory commission requirements in the legal time limit further extended to January 22 in negotiations.
Deutsche Bank, Deutsche Bank) questioned the federal energy regulatory commission charges control of the market, through the deliberately lose money barter trade, in the derivatives market profit.
The Wall Street journal said, this action is a bigger blow by regulators in the power trading plan, it says, similar market manipulation, resulting in the California energy crisis more than ten years ago.
The agency recently put forward a record $470 million fine barclays (BARC. L) on alleged control electric power market in California and a 6 months ban, jpmorgan chase co., LTD. (JPM. N: prices) energy trading department in the United States from some electric power market.
Deutsche Bank, Deutsche Bank) unit and the federal energy regulatory commission spokesman cannot reach the normal business other than time by Reuters comment.



Other News:
U.S. power regulator to fine Deutsche Bank unit over energy trading: WSJ
Asian markets "to improve the global confidence"
Indonesia economy held back by weak infrastructure
Nikkei falls in directionless trade, post-BOJ gains erased by profit-taking
U.S. seeks long prison sentence for man who aided Mumbai plotters
JGB gains as steepening trade unwound ahead of BOJ
Bank of Japan sets 2 percent inflation target
NKorea says will boost nuclear deterrent after U.N. rebuke