Relevant:
- S.E.C. Is Said to Press JPMorgan for an Admission of Wrongdoing in "Whale" Case
- JPMorgan Agrees to Pay Nearly $1B in Fines Over "Whale" Trading Loss
- JPMorgan's Alabama Debacle Set to Cost Bank $1.5 Billion
- Analysis: JPMorgan dips into cookie jar to offset London Whale losses
- JPMorgan Faces U.S. Criminal Probe Into Currency Trading
2013-09-20 — reuters.com
``The bank still faces criminal probes into the trading scandal, its conduct during an energy trading investigation, sales of mortgage securities in the United States and possible bribery in China. Investigators are also looking into its role in setting benchmark interest rates known as LIBOR.
The settlements include $920 million of penalties for JPMorgan's London Whale trading scandal, which Chief Executive Jamie Dimon at first dismissed as a "tempest in a teapot" and ultimately resulted in $6.2 billion in losses. The deals included an admission of wrongdoing, which has been rare in past settlements made by the U.S. Securities and Exchange Commission.''
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