JPMorgan (JPM) order to correct CIO, money laundering compliance

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OCC Issues Cease-and-Desist Against J.P. Morgan (JPM); U.K. FSA Continues Investigation

January 14, 2013 4:29 PM EST

The Office of the Comptroller of the Currency (OCC) announced today the issuance of a cease and desist order, by consent, against JPMorgan Chase, N.A. (NYSE: JPM), for unsafe and unsound practices and violations of law or regulation related to derivatives trading... More

J.P. Morgan (JPM) Pressured as U.S., U.K. Reguators May Bring Formal Action

January 14, 2013 1:59 PM EST

J.P. Morgan (NYSE: JPM) is seeing a little pressure Monday amid reports that the hammer might come down on the firm over the "London whale" trades and massive losses disclosed earlier this year.

The bank might be... More