More Bad News for JPMorgan

Regulators point finger at weaknesses in its anti-money-laundering procedures

By Mark Russell,  Newser Staff

Posted Nov 16, 2012 9:57 AM CST

(Newser) – More bad news for JPMorgan Chase: The banking giant is expected to be hit with formal action by US regulators over perceived weaknesses in its anti-money-laundering system, as part of a wider crackdown on the financial industry, reports the Wall Street Journal. It doesn't...   Read full story »


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