JPMorgan Chase has conceded it will take responsibility for the past misdeeds of Washington Mutual, according to people familiar with the matter.» Read More
WASHINGTON, Dec 4- The record fines handed down by EU authorities on Wednesday for rigging financial benchmarks are unlikely to be the last action on a subject that has become a major liability for banks, U.S. Attorney General Eric Holder said on Wednesday.
WASHINGTON, Dec 4- The U.S. Justice Department plans to bring civil mortgage fraud cases against several financial institutions early in 2014, using as a template the case that ended last month in JPMorgan Chase& Co's $13 billion settlement, U.S.
NEW YORK, Nov 25- The parent company of American Airlines on Monday asked a bankruptcy court to approve a settlement with U.S. regulators that would allow it to merge with rival US Airways Group and create the world's largest airline.
*JPMorgan says did not admit to violating any laws. NEW YORK/ WASHINGTON, Nov 19- In late September, JPMorgan Chief Executive Jamie Dimon walked into the office of U.S.
WASHINGTON/ NEW YORK, Nov 19- JPMorgan Chase& Co admitted it regularly overstated the quality of mortgages it sold to investors and agreed to pay a record $13 billion to resolve related charges, federal officials said on Tuesday.
The bank and the U.S. Department of Justice have been trying for weeks to complete the deal, which was tentatively reached after JPMorgan CEO Jamie Dimon went to Washington to meet U.S.
Some of the world's biggest banks, including Barclays Plc, UBS AG and Royal Bank of Scotland Group Plc, have already paid billions of dollars in penalties and entered into such agreements to resolve charges that their traders worked to manipulate the Libor benchmark and other interest rates to favor their own positions.
Nov 13- A top executive at JPMorgan Chase& Co said on Wednesday that the bank continues to seek a final agreement with the government on a tentative settlement over liabilities for mortgage securities sold before the financial crisis.
NEW YORK, Nov 12- The federal judge who oversaw the recent civil fraud trial against Bank of America Corp criticized the U.S. Department of Justice on Tuesday for failing to prosecute high-level executives over the financial crisis.
WASHINGTON/ NEW YORK, Nov 12 (Reuters)- US Airways Group Inc and American Airlines have agreed to give up landing spots and gates at several U.S. airports to win U.S. antitrust approval for their proposed merger, the Department of Justice said on Tuesday.
WASHINGTON, Nov 8- Bank of America Corp asked a federal court on Friday to throw out two U.S. government lawsuits accusing the nation's second-largest bank of defrauding investors during the financial crisis.
*AMR Corp shares spike up 24.5 percent.
WASHINGTON, Nov 4- In one of the largest health care fraud settlements in U.S. history, Johnson& Johnson will pay $2.2 billion to end civil and criminal investigations into kickbacks to pharmacists and the marketing of pharmaceuticals for off-label uses, U.S.
WASHINGTON, Nov 4- The U.S. Justice Department is pressing for divestitures at airports throughout the United States as a condition for dropping a lawsuit aimed at stopping a proposed merger of US Airways and American Airlines, U.S.
WASHINGTON, Nov 4- The U.S. Justice Department is looking for divestitures at key airports throughout the United States as a condition for dropping a lawsuit aimed at stopping the proposed merger of US Airways and American Airlines, U.S. Attorney General Eric Holder said on Monday.
WASHINGTON, Nov 4- Johnson& Johnson will pay $2.2 billion to the U.S. government to end civil and criminal investigations into kickbacks to pharmacists and the marketing of pharmaceuticals for off-label uses, a person familiar with the settlement said on Monday.
Oct 29- JPMorgan Chase& Co's preliminary $13 billion deal to resolve federal and state investigations into its mortgage bond business has hit some stumbling blocks, two people familiar with the talks said on Tuesday.
Oct 29- JPMorgan Chase& Co's preliminary $13 billion deal to resolve federal and state probes into its mortgage bond business has hit two stumbling blocks, a person familiar with the talks said on Tuesday.
Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. The Department of Justice has sought a provision in the settlement that prohibits JPMorgan from seeking to push the WaMu liabilities from the settlement onto the FDIC.
Oct 29- The preliminary $13 billion deal set by JPMorgan Chase& Co CEO Jamie Dimon and U.S. Attorney General Eric Holder is at risk of falling apart, the Wall Street Journal reported on its website on Tuesday.