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Jpmorgan Settlement

Banks and Punishments

Christopher Brauchli | Posted 05.22.2016 | Politics
Christopher Brauchli

As the U.S. Supreme Court has explained, corporations are persons just like my readers. The only difference between a corporate person and a human person is that when a human person breaks the law, the human person depending on the offense, may go to jail.

Bank Of America Deal A Victory For New York Families

Eric T. Schneiderman | Posted 10.21.2014 | Politics
Eric T. Schneiderman

This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.

Cuomo, Schneiderman Reach Crucial Agreement

Reuters | Posted 03.23.2014 | Business

Jan 21 (Reuters) - New York Governor Andrew Cuomo and Eric Schneiderman, the state's attorney general, have reached an agreement on how to divide a ...

Chasing MorganChase

Christopher Brauchli | Posted 03.18.2014 | Politics
Christopher Brauchli

As a result of JPMorgan Chase's reappearance in the news (thanks to its criminal activities,) a number of readers have written asking me to explain how deferred prosecutions work and what happens to a corporation that fails to follow the terms of its deferred prosecution.

The Chart Jamie Dimon Doesn't Want You To See

The Huffington Post | Mark Gongloff | Posted 01.25.2014 | Business

The total tab for JPMorgan Chase's constant legal trouble is now up to more than $31 billion -- a figure so exorbitant and cruel that the bank's stock...

JPMOrgan Chase, Penance and Fines

Christopher Brauchli | Posted 02.19.2014 | Politics
Christopher Brauchli

One has to feel sorry for JPMorgan Chase. Several months ago it thought it had not only paid a sufficient amount in fines to make up for its bad behavior but it had also engaged in a form of penance for some of the bad things it had done. Little did it know.

JPMorgan's Soaring Stock Price To Completely Erase $13 Billion Fine

The Huffington Post | Mark Gongloff | Posted 11.26.2013 | Business

A record bank penalty is being erased in record time. JPMorgan Chase shareholders are well on their way to recouping all of the $13 billion fine th...

JPMorgan Announces Historic Settlement

Posted 11.20.2013 | Business

JPMorgan Chase has reached a $13 billion agreement with the U.S. government settling claims that the nation's largest bank by assets misrepresented th...

Terms Set On Slice Of JPMorgan's $13 Billion Deal

Reuters | Posted 01.25.2014 | Business

NEW YORK, Nov 18 (Reuters) - JPMorgan Chase & Co and U.S. government officials have agreed on terms of a $4 billion consumer relief package that is ...

Ben Hallman

Tax Loophole Stays Wide Open For JPMorgan | Ben Hallman | Posted 11.07.2013 | Business

Two senators introduced legislation on Wednesday to close a loophole that lets companies claim tax deductions on penalties and fines they pay the fede...

JPMorgan Reaches $5.1 Billion Mortgage Deal With FHFA

Posted 10.25.2013 | Business

JPMorgan Chase, the country's biggest bank by assets, has reached a $5.1 billion settlement with the Federal Housing Finance Agency over alleged viola...

More Bad News For JPMorgan

Reuters | Karen Freifeld | Posted 01.23.2014 | Business

NEW YORK, Oct 22 (Reuters) - JPMorgan Chase & Co is nearing an agreement worth close to $6 billion with a group of institutional investors to settle...

SHOCKER: JPMorgan Settlement Will Likely Cost Less Than $13 Billion

Reuters | Posted 10.22.2013 | Business

By Aruna Viswanatha and David Henry WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co's preliminary $13 billion mortgage settlement with the U.S....

Why JPMorgan Chase Doesn't Deserve Your Sympathy

Richard (RJ) Eskow | Posted 01.23.2014 | Politics
Richard (RJ) Eskow

Scandal-tainted megabank JPMorgan Chase is losing legal ground in the wake of its multi-year crime wave. But in the wake of its tentative $13 billion settlement with the federal government, it may be on the verge of winning at least one battle -- in the court of public opinion.

U.S. Won't End JPMorgan Criminal Probe

Reuters | Posted 01.23.2014 | Business

By Aruna Viswanatha, Karen Freifeld and David Henry WASHINGTON/NEW YORK, Oct 20 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon has p...

JPMorgan Reaches $4 Billion Settlement Over Bad Mortgages

The Huffington Post/Reuters | Posted 10.19.2013 | Business

JPMorgan Chase has reached a tentative deal to pay $4 billion to settle claims it sold bad mortgages to government agencies ahead of the financial cri...

JPMorgan's Possible $11 Billion Settlement Just Got More Complicated

Reuters | Karen Freifeld and Emily Flitter | Posted 10.01.2013 | Business

NEW YORK (Reuters) - JPMorgan Chase & Co's possible $11 billion settlement of government mortgage probes has been complicated by a dispute with the Fe...

JPMorgan Audit Director: This Is 'Embrarrassing'

Reuters | Ross Kerber | Posted 09.27.2013 | Business

CHICAGO (Reuters) - The head of JPMorgan Chase & Co's audit committee acknowledged on Thursday that the bank had made mistakes and said it has tried t...

JPMorgan To Pay $920 Million To Settle London Whale Charges

Posted 09.19.2013 | Business

JPMorgan Chase, the nation's largest bank by assets, will pay $920 million in penalties related to its 'London Whale' trading fiasco, which cost the b...

Look Who's In Trouble Again

The Huffington Post | Mark Gongloff | Posted 07.17.2013 | Business

JPMorgan Chase is in another pickle, one that reportedly could cost it a billion dollars. The Wall Street Journal reported on Wednesday (subscripti...

Big Bank To Pay Millions To Settle Charges Of Excessive Overdraft Fees

Reuters | Posted 04.07.2012 | Business

* Largest U.S. bank reaches preliminary settlement * More than 30 lenders sued over overdraft fees * Bank of America $41...

JPMorgan Chase Accused Of Fabricating Paperwork, Imposing Extra Costs On Borrowers

The Huffington Post | Alexander Eichler | Posted 01.19.2012 | Business

In a case that suggests the financial crisis far from marked the end of big bank misconduct, JPMorgan Chase is facing a potential class action lawsuit...

JPMorgan To Pay Millions For Violating U.S. Sanctions

CNBC | Posted 10.25.2011 | Business

JPMorgan Chase has agreed to pay $88.3 million to settle potential civil liability for apparent violations of a wide range of U.S. sanctions, the U.S....

JPMorgan In Talks To End Government's Subprime Investigation

Posted 06.04.2011 | Business

JPMorgan Chase & Co (JPM.N) is in settlement talks with the SEC to end a probe into how the investment bank marketed a deal involving subprime mortgag...