Regulators Question JPMorgan Chase On Foreign Exchange
February 21, 2014

Via AFP:

JPMorgan Chase Thursday disclosed that US and foreign regulators have sought documents on its foreign exchange trading business, amid an ongoing worldwide forex manipulation probe.

The disclosure came as the embattled US banking giant, which has paid out more than $20 billion over the past two years to settle various accusations of misbehavior, was hit with new charges over the Madoff Ponzi fund case.

The largest US bank by assets said in a securities filing that the investigations related to its foreign exchange operations "are in the early stages and the firm is cooperating with the ...

Continue reading...

Can you help us out?

For nearly 20 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.