Barclays’s Energy Trading Draws $470M U.S. Penalty
U.S. regulators proposed a record $469.9 million in penalties against Barclays Plc, and an additional $18 million on four of its former traders, as part of stepped up enforcement against energy-market manipulation.
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Full Show: Bloomberg Daybreak: Americas (02/24)
16:57 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Daniel Katzive, head of FX strategy for North America at BNP Paribas, Geoffrey Yu head of U.K. investment office at UBS Wealth Management, Virginia Democratic Governor Terry McAuliffe, Tom Petrie, chairman at Petrie Partners, Alessio de Longis, portfolio manager at OppenheimerFunds, Paul Atkins, founder and chief executive officer at Patomak Global Partners and former SEC commissioner, Andrew Sheets, chief cross-asset strategist at Morgan Stanley, and Robert Doll, senior portfolio manager at Nuveen Asset Management. (Source: Bloomberg)