Advertisement

JP Morgan, Department Of Justice, Near Record Settlement

04:09
Download Audio
Resume

JP Morgan Chase, the country's largest bank, has reached a tentative $13 billion settlement with the Department of Justice, according to several media outlets, including the Associated Press, Bloomberg News and The Wall Street Journal.

This would be a record-size deal, likely requiring the bank to participate in any future criminal investigations of individuals tied to unethical banking practices.

Guest

This segment aired on October 21, 2013.

Advertisement

More from Here & Now

Listen Live
Close