Bloomberg |
JPMorgan Faces Criminal Probe as Bank Says US Faults MBS Sales
Bloomberg JPMorgan Chase & Co. (JPM), the biggest U.S. bank, said it's under federal criminal investigation for practices tied to sales of mortgage-backed bonds that the Justice Department has already concluded broke civil laws. The department's civil division told the … JPMorgan Reveals It Faces Civil and Criminal Inquiries JPMorgan faces criminal and civil probes over mortgages JPMorgan Discloses Criminal Mortgage Probe |