US authorities are probing whether banking giant JPMorgan Chase manipulated US energy markets, the Wall Street Journal reported.
The headquarters of JPMorgan Chase bank rises over Park Avenue in midtown Manhattan, on July 13, 2012, in New York City. US authorities are probing whether the banking giant manipulated US energy markets, according to the Wall Street Journal.
The newspaper, citing unnamed sources, on Monday said the Justice Department recently decided to take a closer look at the bank's energy practices as it was wrapping up a $410 million settlement linked to allegations it had manipulated power prices in California and the Midwest.
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