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JPMorgan Chase is paying $348 million in fines to US regulators for alleged failures to monitor the trading of its clients and employees, one of the largest such penalties paid by any lender so ...
JPMorgan will pay $436.4 million in fines, $311.7 million in restitution and more than $172 million in disgorgement, the Commodity Futures Trading Commission (CFTC) said on Tuesday, the biggest ...
JPMorgan is facing nearly $350 million in fines from bank regulators due to issues with its trade surveillance program. The Office of the Comptroller of the Currency said Thursday that it was ...
An estimated trading loss of $2 billion was announced. However, the loss amounted to more than $6 billion for JPMorgan Chase. [2] [3] These events gave rise to a number of investigations to examine the firm's risk management systems and internal controls. JPMorgan Chase agreed to pay $920 million in total fines to US and UK authorities.
In the fall of 2013, JPMorgan began talks with prosecutors and regulators to settle charges alleging that it turned a blind eye to Madoff's actions. On January 7, 2014, JPMorgan agreed to pay a total of $2.05 billion in fines and penalties to settle civil and criminal charges related to its role in the Madoff scandal.
JPMorgan Chase is paying $200 million in fines to two U.S. banking regulators to settle charges that its Wall Street division allowed employees to use WhatsApp
On 20 May 2015, the five banks pleaded guilty to felony charges by the United States Department of Justice and agreed to pay fines totaling more than $5.7 billion. Four of the banks, including Barclays, Citigroup, JP Morgan, and Royal Bank of Scotland pleaded guilty to manipulation of the foreign markets; while the others had already been fined ...
The largest U.S. bank, which earlier this year agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes, said it was in talks with a U.S ...