Tag Archives: JPMorgan Reaches $4.5 Billion Settlement With Investors

DealBook – JPMorgan Reaches $4.5 Billion Settlement With Investors – 16 November 2013

DealBook

By JESSICA SILVER-GREENBERG

The checks from JPMorgan Chase just keep on coming as the nation’s largest bank works to move beyond its mortgage-related troubles.

On Friday, JPMorgan reached a $4.5 billion settlement with a group of investors over claims that the bank sold them shaky mortgage-backed securities that imploded later, leading t0o large losses.

Read the whole article at: www.dealbook.nytimes.com/link to original article