2013-07-03 — reuters.com
``Giddens has said the settlement will allow him to eventually return 100 percent of customers' money, which was frozen when MF Global went bankrupt. Most customers have already recovered around 90 percent of their funds.
JPMorgan had been the lead on a $1.2 billion revolving credit facility to MF Global's parent and one of its primary clearing banks leading up to its bankruptcy.
Under the settlement, JPMorgan will pay $100 million to benefit former customers. It has also agreed to return more than $29 million in brokerage funds and to release claims on $417 million it earlier returned to Giddens.''
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