JPMorgan to Pay $410 Million to Settle U.S. Energy Market Probe

JPMorgan to Pay $410 Million to Settle U.S. Energy Market Probe

Victor J. Blue/Bloomberg

JPMorgan Chase & Co. said July 26 it was considering the sale or spin off of its physical commodities business, including energy trading, three days after a congressional hearing examined whether banks are using their ownership of raw materials to manipulate markets.