JPMorgan to Pay $920 Million for London Whale Loss

JPMorgan to Pay $920 Million for London Whale Loss Play

Sept. 19 (Bloomberg) -- JPMorgan Chase & Co., seeking to end probes of a trading debacle that damaged its reputation for risk-management, agreed to pay about $920 million for failing to implement adequate controls and providing incomplete information to regulators and its board. Peter Cook reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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