Biggest US Bank Agrees to Huge Fine in Trading Case

The biggest U.S. bank, JPMorgan Chase, has agreed to pay $920 million in fines to American and British regulators for its “unsafe and unsound” monitoring of complex securities trading in its London office.
The penalties were announced Thursday, the latest chapter in multiple investigations into the bank’s trades that cost it $6.2 billion in losses last year.  Under the agreement, JPMorgan Chase agreed to pay $700 million to three U.S. financial regulators, including …

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