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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.
One Equity Partners is a private equity firm with over $10 billion in assets under management which primarily deals with the industrial, healthcare and technology sectors in North America and Europe. One Equity Partners was the merchant banking arm of JPMorgan Chase, [1] focused on leveraged buyout and growth capital investments in middle ...
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Sure, on the plus side, Chase says it won't charge more fees to make cash withdrawals at Chase ATMs, or to add cash to your Liquid card, for example. In a fit of unfettered generosity, Chase adds ...
JPMorgan Chase Publishes 2012 Corporate Responsibility Report, Global Strength, Local Impact NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase (NYS: JPM) today released its 2012 Corporate Responsibility ...
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On August 17, 2020, Citigroup filed a lawsuit against HPS, Brigade Capital and Symphony Asset Management, seeking the return their share of $504 million from a near $900 million payment that Citi said it paid by mistake to Revlon's lenders. The payments were related to loans made to Revlon by various private lenders which included the three firms.
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