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JPMorgan to pay $920 million in civil probes of 'Whale' losses

NEW YORK (Reuters)—The "London Whale" trading scandal, once dismissed by JPMorgan Chase & Co. CEO Jamie Dimon as a "tempest in a teapot," is costing the largest U.S. bank $920 million in penalties and a rare admission of wrongdoing. Settlements ...

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JPMorgan to pay $920 million in civil probes of 'Whale' losses
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