“JPMorgan Chase chief Jamie Dimon held talks with the Department of Justice Thursday on a possible $11 billion deal to settle alleged violations, a source close to the matter said. Dimon and US Attorney General Eric Holder met in Washington amid intense negotiations to wrap up a slew of misbehavior allegations against JPMorgan, the biggest US bank by assets. Earlier this week reports said JPMorgan had offered $3 billion to the Justice Department to settle some or all of the charges it faces, against reported demands for $20 billion from the department. The talks focused on a number in the range of $11 billion, but the Justice Department has also reportedly insisted on the company admitting guilt.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
When the Nazis wrote the Nuremberg laws, they looked to America
Oklahoma inmates access Facebook with smuggled cellphones
Separatism threatens the future of Spain
The ‘sharp decline’ in U.S unemployment was actually a glitch
Utah launches new federalism commission to push back Washington
Edward Snowden’s journey from high school drop-out to focus of international intrigue
When the Government Went After Dr. Spock
Opponents vote to shoot Egypt’s president Morsi into space
GoldMoney Group adds Bitcoin to commodity vault
CEOs behind new exchange system talk Bitcoin
Fearful Indian schoolchildren refuse free school meals after 22 die, dozens sickened
Italy could need EU rescue within six months, warns Mediobanca privately
Why Does The Government Treat Immigrant Kids Cruelly? Because It Can
US threatens Europe with sanctions for doing business with Iran
American Express Ex-Chief Privacy Officer On 'The Last Days of Cash'