iOS app Android app

Jpmorgan Jp Morgan

Banks' Future Legal Bills Get Smaller Every Day

Mark Gongloff | Posted 06.04.2013 | Business
Mark Gongloff

Big banks' future legal bills just keep getting smaller all of the time. In the latest boon from the bench, JPMorgan Chase on Wednesday convinced U.S. District Judge Jed Rakoff to dismiss the vast majority of claims brought against it by Dexia, slashing JPMorgan's potential liability in the case to $5.7 million from $774 million, according to JPMorgan's lawyer.

Mark Gongloff

JPMorgan's Latest Headache: More Missing Money

HuffingtonPost.com | Mark Gongloff | Posted 07.12.2012 | Business

The unfolding PFGBest debacle looks like the MF Global debacle in a lot of ways, including missing customer funds held in a JPMorgan Chase account. ...