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JPMorgan May Be Facing The Biggest Bank Fine Ever

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UNITED STATES - MARCH 11: Jamie Dimon, chief executive officer of JP Morgan Chase & Co., speaks at the Third Annual Capital Markets Summit at the U.S. Chamber of Commerce in Washington, D.C., U.S., on Wednesday, March 11, 2009. Dimon said the U.S. needs a (Photo by Brendan Hoffman/Bloomberg via Getty Images) | Getty

On Tuesday (Sept. 24), the Wall Street Journal reported that JP Morgan was offering the government $3 billion to settle (paywall) an unspecified number of criminal probes after the Department of Justice threatened to file suit in an investigation of its pre-crisis mortgage dealings.

Read the whole story at Quartz