Snag jeopardizes JPMorgan deal with U.S. Justice Department

Business Oct 30, 2013

Snag jeopardizes JPMorgan deal with U.S. Justice Department

Settlement talks between the U.S. Justice Department and JPMorgan Chase are in danger of breaking down over the bank's demands that it avoid future criminal charges and that another government agency pay some of the $13 billion price tag, according to a person familiar ...

Business Oct 24, 2013

Federal jury finds Bank of America liable for mortgage fraud

A federal jury in Manhattan on Wednesday found Bank of America liable for fraud because of thousands of defective mortgages sold by its Countrywide Financial unit, handing the government a victory in one of the few major trials rooted in the financial crisis. Government efforts ...