Everything you need to know about JPMorgan’s $13 billion settlement

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Here’s Everything You Need to Know . Last. JPMorgan’s asset and wealth management unit reported net income of $755 million, down from $770 million in the first quarter but jumping 21% from.

Wall Street colossus JPMorgan Chase & Co. will have to pay a record $13 billion legal settlement, thanks to an agreement the banking institution reached with the Department of Justice on Monday.

Reaches a $13 billion settlement with the U.S. government and a $4.5 billion settlement with investors related to bad mortgages. You can’t possibly account for all the things you need to know.

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WASHINGTON/NEW YORK (Reuters) – JPMorgan Chase & Co said it routinely overstated the quality of mortgages it was selling to investors, and it agreed to pay $13 billion (8.05 billion) to settle.

The Department of Justice, or DOJ, and JPMorgan Chase & Co. (NYSE:JPM) have reportedly reached an agreement in the pending $13 billion settlement. One person familiar with the matter told CBS the.

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