Quantcast
Home » Topics » JPMS

J.P. Morgan to pay $228 million for bond bid-rigging scheme

NEW YORK — US bank JP Morgan Chase was slapped with fines and repayment penalties of $228 million for a bid-rigging scheme that shortchanged issuers of municipal bonds, US authorities announced Thursday. In a case that has also seen Swiss bank UBS and Bank of America heavily fined, JP Morgan…

Google+