cftc fines jpmorgan 100m over london whale trades
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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CFTC fines JPMorgan $100m over London whale trades

Egypt Today, egypt today

Egypt Today, egypt today CFTC fines JPMorgan $100m over London whale trades

Arab Today

US regulators on Wednesday fined banking giant JPMorgan Chase $100 million for "reckless conduct" in the "London whale" trading debacle. The US Commodity Futures Trading Commission said that JPMorgan had admitted charges of manipulating trading of certain credit-default swaps in the case that caused the bank $6.2 billion in losses, and had agreed to pay the civil penalty.

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cftc fines jpmorgan 100m over london whale trades cftc fines jpmorgan 100m over london whale trades



 
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