- NY attorney general expects more bank settlements Updated: Nov-20-13 4:16 pm
- JPMorgan $13B deal may not end bank's legal woes Updated: Nov-20-13 12:09 am
ALBANY, New York - Many more bank settlements over mishandling of mortgage-backed securities will follow JPMorgan's record $13 billion agreement signed this week, New York Attorney General Eric Schneiderman said Wednesday.
WASHINGTON - The $13 billion settlement that JPMorgan Chase agreed to Tuesday is the largest ever between the Justice Department and a corporation. Yet it isn't likely the end of the bank's legal troubles over the risky mortgage securities it sold before the financial crisis.