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Decades-long ties to Madoff cost JPMorgan $ 2.6 billion
Reuters NEW YORK (Reuters) – JPMorgan Chase & Co agreed to pay $ 2.6 billion to the U.S. government and Bernard Madoff victims to settle allegations that the bank failed to tell authorities about its suspicions of fraud at Madoff's fund. Even as the bank cut its … JPMorgan 'Failed Miserably' in Madoff Case, Bharara Says (2) Chase to pay $ 2B for ignoring Madoff scheme JPMorgan to Pay $ 2.6 Billion Over Lapses That Enabled Madoff |