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Senators question energy market settlement with JPMorgan

WASHINGTON (Reuters) - Two Democratic Senators on Wednesday asked U.S. energy regulators for more details on how terms of a settlement were reached on alleged power market manipulation in California and the Midwest by a unit of JPMorgan Chase & Co.Full story

Countdown to the Fed

  Sharing their expectations for the Fed call is David Kelly, JP Morgan; Ken Volpert, Vanguard; and CNBC's Steve Liesman.

Can economy grow without QE?

  Bruce Kasman, JPMorgan, and Alan Skrainka, Cornerstone Wealth Management, discuss the outlook on jobs and GDP, and the challenges facing the markets as the Fed wraps its two-day policy meeting.

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Articles

JPMorgan to pay $410 million to settle power market case

JPMorgan to pay $410 million in power market manipulation probe

U.S. power regulator says JP Morgan manipulated market

Under siege, JPMorgan to quit physical commodities

Factbox: JPMorgan's physical commodity trading

JPMorgan mulls sale of commodities unit

Insight: Resigned to reform, Wall St tries a different tack in DC

Two JPMorgan directors to retire from board after 'Whale' mess

UK picks JPMorgan to advise on bank share sales

Banks' earnings pop masks deeper concerns

Video

  JPMorgan settles with FERC

JPMorgan Chase agreed to pay $410 million in fines to the Federal Energy Regulatory Commission, reports CNBC's Kate Kelly.

  JPM to pay $450 million

JPMorgan has agreed to pay $410 million to settle allegations of power market manipulation in California and the Midwest, reports CNBC's Kate Kelly.

  OMG ... Kardashians & GDP

Michael Feroli, JPMorgan, explains why the latest revision of the nations's gross domestic product will likely show modest growth.

  Feds go 'broke' against SAC & Cohen

CNBC's Kayla Tausche has the latest details on SAC Capital's response to indictment. Steve Cohen did not attend court today but did sign a not guilty plea. Also JPMorgan is exploring strategic alternatives for its physical commodities business.

  CAT's big miss

Eli Lustgarten, Longbow Research, says Caterpillar is probably reaching a bottom, and that as long as mining stabilizes, it should be an up year for the stock. The key is that earnings don't continue downward next year. Ann Duignan, JPMorgan, weighs in...

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Related Photos

Flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York
Flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York

A flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York July 15, 2010. REUTERS/Lucas Jackson

A sign stands in front of the JPMorgan Chase & Co bank headquarters building in New York, March 15, 2013.
A sign stands in front of the JPMorgan Chase & Co bank headquarters building in New York, March 15, 2013.

A sign stands in front of the JPMorgan Chase & Co bank headquarters building in New York, March 15, 2013.REUTERS/Lucas Jackson

Two men walk past the front desk inside of the headquarters of JPMorgan Chase & Co bank in New York, March 15, 2013. REUTERS/Lucas Jackson
Two men walk past the front desk inside of the headquarters of JPMorgan Chase & Co bank in New York, March 15, 2013. REUTERS/Lucas Jackson

Two men walk past the front desk inside of the headquarters of JPMorgan Chase & Co bank in New York, March 15, 2013. REUTERS/Lucas Jackson

Man walks past JP Morgan Chase's international headquarters on Park Avenue in New York in this file photo
Man walks past JP Morgan Chase's international headquarters on Park Avenue in New York in this file photo

A man walks past JP Morgan Chase's international headquarters on Park Avenue in New York in this July 13, 2012 file photo. JP Morgan Chase & Co is exiting physical commodities trading, the bank said in a surprise statement July 26, 2013, as Wall Street's role in the trading of oil tankers, coffee be