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A JPMorgan Chase unit will pay $650,000 to resolve charges that it submitted inaccurate reports about positions held by some of its large clients.
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Billionaire investor Paul Singer also warns of a scenario of "real class warfare."
While Fed chair Janet Yellen may win monetary policy battles within the Fed, she still risks losing the economic war.
JPMorgan found the perfect suitor for a big book of loans it wanted to get rid of: Bain Capital.