NEW YORK: JPMorgan Chase & Co and the U.S. Department of Justice are in 'fluid' talks to settle multiple probes of the company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
JPMorgan has offered to pay about $3 billion to help end the legal issues, but the Justice Department is arguing that the company should pay more, the report said, citing one of the people.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!