Everything you need to know about JPMorgan’s $13 billion settlement

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JPMorgan Chase's $13 Billion Fine Pales Next To Profits From Crisis. in fines probably have racked up an even bigger fortune in profits.. that JPMorgan has struck a tentative deal to pay $13 billion to settle. You can read them for yourself , but I didn't see all that much detail in them. All rights reserved.

For those who want a bit more, here’s what you need to know: Alayne Fleischmann. Department eventually settled for $13 billion, although Taibbi also says it was really only $9 billion. ". $4.

To the DOJ, a $13 billion receipt is the “largest ever settlement with a single entity.” To #AskJPM, a $13 billion outlay is a 100%+ IRR. And perhaps more relevant, let’s recall that JPM holds $550 billion in Fed excess reserves, on which it is paid 0.25% interest, or $1.4 billion annually. In.

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Late Friday, after the markets closed, Dimon called back and agreed to Holder’s conditions. related stories: Everything you need to know about JPMorgan’s $13 billion settlement Is JPMorgan too big to.

Everything you need to know about JPMorgan’s $13 billion settlement A reported billion penalty for a big bank feels like a populist shakedown.. feeling that Wall Street has finally paid for all the pain it caused.. The details of the settlement haven’t been finalized yet, so we don’t know the specifics of. would the penalty need to be for.

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