Relevant:
- JPMorgan agrees to tentative $13 billion settlement with U.S. over bad mortgages
- Wall Street predicts $50 billion bill to settle US mortgage suits
- JPMorgan Faces U.S. Criminal Probe Into Currency Trading
- DOJ Prepares To Sue JPMorgan Over Mortgage Bonds
- JPMorgan Unit Subpoenaed in U.S. Investigation of Tax-Lien Bids
2013-08-08 — cnbc.com
``JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Wednesday it is being investigated by civil and criminal divisions of the U.S. Department of Justice over offerings of mortgage-backed securities. JPMorgan also raised its estimate of possible legal losses in excess of reserves to $6.8 billion at the end of June from $6 billion three months earlier. ''
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