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JP Morgan Faces Probe

JP Morgan Faces ProbeJP Morgan Faces Probe

JP Morgan Chase, the largest bank in the US, has revealed it is under investigation over currency trading, BBC reported. The firm said the US Department of Justice had launched a criminal investigation, while other regulators are running civil investigations. It added that possible losses from all its the legal proceedings could total $5.9 billion.

 

Financialtribune.com