10 20 2014
  8:45 pm  
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Banks Brace As JP Morgan Chase Faces $13 Billion Settlement with Justice Department

So far no bank officials have been held personally responsible for banks lawbreaking

JP Morgan Chase Bank signJPMorgan is on the verge of reaching a $13 billion settlement with the government, but the deal could be just one of many.The settlement, which has yet to be finalized, relates to mortgage-backed securities sold by JPMorgan and the firms it later purchased, Bear Stearns and Washington Mutual.

Read more: Banks Brace As JP Morgan Chase Faces $13 Billion Settlement with Justice Department

Don't Let Bank Payday Exploit Seniors and Their Social Security Benefits

Federal banking regulators recently issued proposed rules and called for public comment on reining in bank payday lending

Responding to public concerns and new research, federal banking regulators recently issued proposed rules and called for public comment on reining in bank payday lending.


Read more: Don't Let Bank Payday Exploit Seniors and Their Social Security Benefits

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