EON Will Lose Millions After Trader's 'Irregularities'
EON's losses follow money-losing bets in financial markets in the past year which hurt banks including JPMorgan Chase & Co. and UBS AG. The utility's trading and optimization unit's earnings before interest and tax were 125 million euros ($157 million) …
Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!