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    JPMorgan 'to pay record settlement to end mortgage probes'

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    euronews (in English)

    by euronews (in English)

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    Shares of JPMorgan Chase slipped on Monday following reports it had reached a tentative deal with the US government over bad mortgage loans.

    Chief Executive Jamie Dimon is said to have negotiated a record $13 billion (9.5 billion euros) settlement that should end many of the current state and Federal investigations.

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