Bloomberg News

JPMorgan’s Chief Executive Dimon Enters Justice Department

September 26, 2013

Sept. 26 (Bloomberg) --JPMorgan Chase & Co. (JPM:US) Chief Executive Officer Jamie Dimon arrived at the Justice Department in Washington this morning.

Dimon is set to meet with Attorney General Eric Holder over the settlement discussions related to multiple mortgage bond investigations, according to a person familiar with the meeting.

The New York-based bank is in negotiations with federal and state authorities to resolve multiple probes tied to mortgage bonds. Negotiations have included talks of a potential $11 billion settlement, according to another person familiar with the talks.

Joseph Evangelisti, a spokesman for the bank, declined to comment.

To contact the reporter on this story: Phil Mattingly in Washington at pmattingly@bloomberg.net

To contact the editor responsible for this story: Steven Komarow at skomarow1@bloomberg.net

Sept. 26 (Bloomberg) -- JPMorgan Chase Co. Chief Executive Officer Jamie Dimon arrived at the Justice Department in Washington this morning. Dimon is set to meet with Attorney General Eric Holder over the settlement discussions related to multiple mortgage bond investigations, according to a person familiar with the meeting. (Source: Bloomberg) Sept. 26 (Bloomberg) -- Bloomberg News’ Phil Mattingly reports that JPMorgan CEO Jamie Dimon has arrived at the Justice Department where he is set to meet with Attorney General Eric Holder on what could potentially be an $11 billion settlement on multiple mortgage bond investigations. He speaks on Bloomberg Television’s “In The Loop.” Sept. 26 (Bloomberg) -- U.S. Attorney General Eric Holder says he met with representatives from JPMorgan Chase Co. this morning at the Justice Department and declined to comment on the nature of discussions. Holder spoke at a news conference in Washington. (Excerpts. Source: Bloomberg)

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Companies Mentioned

  • JPM
    (JPMorgan Chase & Co)
    • $59.59 USD
    • -0.15
    • -0.25%
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