Economics
JPMorgan to pay $920m fine in 'London whale' case
Banking giant JPMorgan Chase agreed Thursday to pay USD 920 million in fines to US and British regulators over actions involved in last year's "London whale" trading debacle.
(AFP) Banking giant JPMorgan Chase agreed Thursday to pay USD 920 million in fines to US and British regulators over actions involved in last year's "London whale" trading debacle.
The global settlement includes an admission by JPMorgan that it violated US securities laws.
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