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

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Facebook’s stock price jumped after it said it expects to incur a fine of up to $5 billion from the Federal Trade Commission. And that’s all you really need to know about whether. JPMorgan agreed.

JPMorgan Chase has (finally) reached a $13. $4 billion is to go to help homeowners struggling with their mortgages. The exact contours of how that money will be used will be a matter of some focus.

FORTUNE – News that JPMorgan Chase would pay a $13 billion fine, the largest government penalty.. Here's What You Need to Know.

A.G. Schneiderman-led State & Federal working group announces billion settlement With JPMorgan Chase. of a state and federal working group he co-chairs in announcing a $13 billion settlement with JPMorgan Chase.. of this historic settlement demonstrates the kind of leadership we need.

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How JPMorgan’s $13 billion fine breaks down. $2 billion – civil penalty to settle the justice department claims under the financial institutions reform, Recovery, and Enforcement Act $1.4 billion – to settle federal and state securities claims by the National Credit Union Administration.

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Dimon coughed up $13B to settle the case, and the complaint was sealed, leaving. fraud convinced Dimon to part with what was then the largest financial.. Four years later, we learn why Jamie Dimon's JP Morgan Chase settled. risks, a fraud that eventually cost Dimon's customers "billions of dollars.

Attorneys general in California ($299 million), Massachusetts ($34 million) and Delaware ($20 million) also took home a share of the settlement. That leaves $4 billion in the overall $13 billion deal. The Justice Department, which led negotiations with the bank, earmarked the final sum to help struggling homeowners in hard hit areas like Detroit.

Here’s what you need to know. Asian markets saw a nasty sell-off. a whopping 457% return. billion justice department settlement aside, investors – led by Goldman Sachs Asset Management and.

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Today, we’ll be talking about the Department of Justice’s proposed settlement with JP Morgan Chase for $13 Billion This settlement is about making a number of open investigations and lawsuits go away.

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