JPMorgan Chase reached a $13 billion settlement over the sale of troubled mortgages.
With fewer bank failures, increased lending and $34.5 billion of net income, the banking industry appears to be quite healthy.
JPMorgan’s loss has climbed to nearly $6 billion from a bad derivatives trade. Why can’t they sell their position?
When institutions gamble and fail, we all lose. Here are the lessons from the JPMorgan Chase debacle.