JPMorgan Fined $348 Million for Lapses in Trade Monitoring

Reported by Emily Flitter On Thursday, the bank’s main federal regulator, the Office of the Comptroller of the Currency, fined JPMorgan $250 million over the omissions. The action followed a $98.2 million penalty from the Federal Reserve on March 8. The bank recently told investors in a public filling that a third regulator is preparing […]