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JP Morgan to announce $13B settlement

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Tuesday, November 19, 2013

Reuters: JPMorgan Chase & Co is expected to announce a $13 billion agreement with the U.S. government on Tuesday to settle claims it overstated the quality of mortgages.

The civil settlement would mark the end of weeks of tense negotiations between JPMorgan Chase, the largest U.S. bank, and government agencies that were under pressure to hold banks accountable for wrongdoing that led to the housing crisis.

 

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March 2015
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Leslie Carlson channels the big idea.


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6 highlights from the Craft Brewers Conference

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Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.


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