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    JPMorgan hit with huge fine over trading scandal

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    euronews (in English)

    by euronews (in English)

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    The biggest bank in the US - JPMorgan Chase - is to pay $920 (680 million euros) for failures over the so-called "London Whale" trading scandal.

    That money will go to regulators in the US and Britain because of the bank's poor systems for controlling risk and financial reporting.

    ...
    http://www.euronews.net/