JPMorgan Settlement Looms Over Weak Bank Earnings

in 2013, Mark Williams, Newsmakers, School of Management, TheStreet.com
October 22nd, 2013

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Mark Williams, School of Management

JPMorgan’s (JPM) prospective $13 billion settlement with the Department of Justice over the bank’s origination of mortgages prior to the collapse of the housing market clouds a banking sector that is struggling to grow in a weak economic recovery…

Expert quote:

“This is going to have a rippling effect through the banking industry.”

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