Saturday, March 18, 2023

Tag Archives: JPMorgan Chase

JPMorgan Chase is facing criminal and civil investigations

JPMorgan Chase is facing criminal and civil investigations by the Justice Department involving its sales of mortgage-backed securities in 2005 to 2007, the bank said in a regulatory filing Wednesday. Investigators from Justice’s civil division have “preliminarily concluded” the nation’s largest bank broke the law, JPMorgan said in the filing. The disclosure is tucked into a single paragraph on page …

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