J.P. Morgan, U.S. Reach Terms of $4 Billion in Consumer Relief
J.P. Morgan Chase & Co. and the Justice Department Monday agreed to a landmark $13 billion settlement that resolves a number of legal headaches for the largest U.S. bank, clearing the way for a public announcement as soon as Tuesday, according to people familiar with the talks.
The final piece holding up the deal, terms of a $4 billion payment to help distressed homeowners, was completed Monday, said people close to the talks READ MORE....
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