The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Wednesday, September 25, 2013

JP Morgan ''global deal" could reach up to $7B.

How badly does JPMorgan (JPM) just want all of this to go away? The bank is reportedly in talks to settle the myriad of investigations into its various dubious practices, with the NYT reporting that the company could pay $3-7B. JPMorgan has apparently offered $3B. Since 2011, the firm has agreed to pay a total of $5.4B in major settlements. The WSJ provides a tally of the significant agreements.

No comments:

Post a Comment