Justice using JPM settlement to pursue other banks

In November, JPMorgan Chase (JPM) agreed to pay $13 billion to settle claims of mortgage-backed securities fraud brought against the bank by the U.S. government. Now, the U.S. Department of Justice is.

Under the proposal, Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc. and Ally. HUD General Counsel Helen Kanovsky said the U.S. may pursue similar cases against other.

The lawsuit against JPMorgan Chase & Co names 38 individual defendants. all 50 state attorneys general on a possible $20 billion settlement with big banks to address “robo-signing” and other.

The Justice Department plans to use its tentative $13 billion settlement with JPMorgan Chase as a blueprint for reaching similar deals with other banks in probes related. and gives prosecutors 10.

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The US Justice Department plans to use its tentative $US13 billion ($13.5 billion) settlement with JPMorgan Chase as a blueprint for similar deals with other banks in probes related. gives.

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JPMorgan (JPM) was just one of 18 financial. marketing and sales materials." The Justice Department, meanwhile, is reportedly looking to use the expected settlement with JPMorgan as a template for.

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The settlement with RBS occurred in August 2018, for $4.9 billion. After Rosenstein downgraded the case from criminal to.

Along with paying 5 million, the Swiss banking giant also agreed to provide documents and other assistance to plaintiffs as they pursue claims against other banks. That clause in the settlement.

The Justice Department plans to use its tentative $13 billion settlement with JPMorgan Chase as a blueprint for reaching similar deals with other banks in probes related. and gives prosecutors 10.

It is unclear which banks are involved in the potential settlement talks. More than a dozen banks are being investigated in the scandal, including Citigroup, HSBC, Deutsche Bank and JPMorgan Chase.

Barclays is expected to plead guilty to currency-rigging charges along with Citigroup Inc., JPMorgan Chase. Bank AG and other firms licensed to operate in New York. Lawsky said last month that he’s.

Bank of America, JPMorgan Chase. and pursue other aspects of the mortgage crisis, including securities cases. U.S. Attorney general eric holder told an audience attending the announcement about the.