WSJ: J.P. Morgan Said to Offer U.S. $3B to Settle Cases



The Wall Street Journal reported that J.P. Morgan Chase and the Justice Department have expanded settlement talks to include multiple pending probes, with the bank offering to pay about $3 billion, according to people familiar with the discussions.

The report said the Justice Department is arguing the bank should pay additional billions to resolve a number of cases, citing a person familiar with the talks.

To read the full WSJ article (subscription required) click here.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com