Business

FDIC Sues Banks Over Rate Rigging

[Fox Business] The Federal Deposit Insurance Corporation – one of the main U.S. bank regulators – sued many of the world’s largest banks on Friday, charging them with rigging a key global interest rate. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C),  and Barclays Read More

Business

JPMorgan, Justice Dept. Reach $13B Settlement

[USA Today] Banking giant JPMorgan Chase Tuesday finalized a record $13 billion settlement of multiple investigations over toxic mortgage investments such as those that helped spark the 2008 financial crisis. The agreement announced by the U.S. Department of Justice and state officials in New York Read More

Press Room

Attorney General Kamala D. Harris Announces Suit Against JPMorgan Chase for Fraudulent and Unlawful Debt-Collection Practices

Attorney General Kamala D. Harris Announces Suit Against JPMorgan Chase for Fraudulent and Unlawful Debt-Collection Practices LOS ANGELES — Attorney General Kamala D. Harris today filed an enforcement action against JPMorgan Chase & Co. (Chase) alleging that the bank engaged in fraudulent and unlawful debt-collection Read More