JPMorgan Chase CEO Jamie Dimon speaks at the North America's Building Trades Unions 2019 legislative conference in Washington, April 9, 2019.is set to pay $920 million to resolve probes from three U.S. government agencies over its role in the alleged manipulation of metal and Treasurys markets.
The figure was released Tuesday by the Commodity Futures Trading Commission in a statement from commissioner Dan Berkovitz. Last week, news reports indicated that the New York-based bank was"For eight years, a group of traders at JPMorgan systematically `spoofed' precious metals and Treasury futures markets by entering hundreds of thousands of orders with the intent to cancel them before execution," Berkovitz said.
That is pennies to the one if the worlds biggest banks SlapOnTheWrist
That's called a bribe.
Second big fine to be paid by JP Morgan Chase under the same CEO. Hmmmm
How dirty it is? The president did not pay Tax; Bankers only pay $920 million to resolve $2tn criminal money flow. BBC: $2tn of transactions have revealed how some of the world's biggest banks have allowed criminals to move dirty money around the world.
Another criminal empire that can pay there way out of jail.
Help me start my ministry. Donations through cashapp at $bradmontgomery24 We are spreading the Gospel along with The Word of God worldwide, but we need your help. Become a partner today. What you give to God you will receive back Good measure, shaken together, running over...
How does that money “resolve” the issue?
No big deal, let's keep it moving.
healthygoddess5 Business as usual.
sandibachom WTF - so NO arrests, No charges? Bankers NEVER go to jail!
sandibachom For people who push buttons to creat $$$ this is a joke
sandibachom A mere pittance compared to what they mad.
make it a billion and we'll call it good.
So what ? They have made more than $10 Billions by manipulating the various rules/regulations. Read Panama Papers, watch inside job.... everything has been explained very well
These people are giving lecture to whole world shameless. nsitharaman please check jpmorgan activities in india too.
and no admission of guilt, I presume?
The DOJ is a money laundering organization. It’s time for them to indict these banksters
Just say it thugs, for mainpulating precious metals price aka 'spoofing'
Blue Horseshoe (secretly) Loves Gold & Silver
Earned 9bn doing it. Winning.
These vultures always pay their way out of prison. When will anyone be held accountable?
JP MORGAN is big player , manipulator , next Citi , Morgan staley , Goldman , etc , they want more and more
😡😡😡
DIY Origami House - How to Make Origami House Step by Step Easy Tutorial - Updated Version
Market manipulators