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JPMorgan Chase & Co
Summary: As a result of allegations made against it for wrongs committed during the 2008 financial crisis, JPMorgan must pay $388 million in a court settlement. According to Business Insider, JP Morgan Chase & Co has agreed to pay a…>read moreNo Comment July 20, 2015
In order to resolve a probe by the United States government, Citigroup Inc is close to paying $7 billion, according to Reuters. The investigation started on allegations that the bank defrauded investors of billions of dollars worth of mortgage securities…>read moreNo Comment July 10, 2014
U.S. Bankruptcy Judge Steven Rhodes in Detroit have received word from creditors, including bond insurers who are opposed to the plan, who have said that the city has been too slow in providing key documents to help them prepare for…>read moreNo Comment May 26, 2014
A former JPMorgan Chase & Co. executive, Achilles Macris, who supervised the unit where a trader known as the London Whale caused $6.2 billion in losses, according to Bloomberg News, has now won the chance to respond to allegations…>read moreNo Comment April 11, 2014
President Xi Jinping is trying to maintain growth while rebalancing the economy. China struggles with environmental damage and with sustaining expansion while limiting debt risk, according to Bloomberg News. And there are always the issues of balancing unemployment, inflation, and…>read moreNo Comment March 2, 2014