Bruno Iksil

The exterior view of JPMorgan Chase offices in San Francisco. (AP Photo/Paul Sakuma, File)

JPMorgan pays $100M, admits fault in London trades

WASHINGTON (AP) — JPMorgan Chase & Co. has agreed to pay a $100 million penalty and admitted that its traders acted “recklessly” during a series of London trades that ultimately cost the bank $6 billion. […]


The lobby of JPMorgan Chase headquarters in New York. (AP Photo/Mark Lennihan, File)

JPMorgan pays $920M, admits fault in trading loss

WASHINGTON (AP) — JPMorgan Chase & Co. will pay $920 million and has admitted that it failed to oversee trading that led to a $6 billion loss and renewed worries about serious risk-taking by major […]



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