Daily Archives: August 31, 2011

J.P. Morgan Chase makes record settlement for violations

Marshall Thompson J.P. Morgan Chase settled with the U.S. Treasury Department last week to pay $88 million for sanctions violations last week. It’s the largest fee a U.S. bank has ever paid. According to the Wall Street Journal, the U.S. charged that “between December 2005 and March 2011, J.P. Morgan Chase violated several sanctions orders related to…

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