BREAKING NEWS

Now Reading:

JP Morgan reportedly agrees record $13 billion settlement


USA

JP Morgan reportedly agrees record $13 billion settlement

JP Morgan Chase has reportedly reached a record $13 billion deal with the US Justice Department to settle a federal investigation into bad mortgage loans sold to investors before the financial crisis.

At issue in the tentative deal, the largest ever between the US government and a single firm, is whether America’s biggest bank knew its mortgages were riskier than they appeared.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article

world news

Turkish and Lebanese hostages freed in exchange deal