JP Morgan to Pay $800 million fine

Dimon Testifies About JPMorgan Trading Losses on Capitol Hill

J.P. Morgan will pay a record fine with cheap central bank money in connection with the scandal of the “London Whale” J.P. Morgan must pay at least $ 800 million penalty. The largest bank in the United States has acknowledged errors in internal control. The proprietary trading never ends. They are not a bank – but a speculator.