JPMorgan to pay over $2 billion to settle Madoff case

NEW YORK (Reuters) – JPMorgan Chase & Co will pay more than $2 billion of penalties to settle charges by U.S. federal authorities that it failed to report suspicious activity involving Bernard Madoff’s Ponzi scheme.



Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/tIvs42HGhG8/story01.htm

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *