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  • Business » JPMorgan fined $920M for London Whale loss
    September 20, 2013, 07:16 GMT

    America’s largest financial institution will be required to pay $920 million for losses connected to the London Whale trade, according to several regulatory authorities. The Securities and Exchange Commission, the Office of the Comptroller of the Currency, the Federal Reserve and Britain’s Financial Conduct Authority joined in sanctioning JPMorgan Chase, which will pay one of