JPMorgan To Settle ‘London Whale’ Probe With CFTC

Mani

Published onOctober 16, 2013

Updated on May 13, 2021

JPMorgan Chase & Co (NYSE:JPM) has reached a preliminary agreement with CFTC admitting wrongdoing and paying $100 million to settle ‘London Whale’ case.

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New York Times’ Ben Protess and Jessica Silver-Greenberg report JPMorgan could settle with the Commodities Futures Trading Commission as soon as this week.

JPMorgan’s settlement with SEC

Last month, JPMorgan Chase & Co (NYSE:JPM) was ordered to pay $920 million in fines for misconduct in the infamous London Whale scandal to government authorities...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

JPMorgan To Settle ‘London Whale’ Probe With CFTC

JPMorgan’s settlement with SEC

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