9_192013_jpmorgan-trading-loss-fin-78201.jpg - Washington Times
Skip to content

Although the nearly $1 billion fine is just a fraction of JPMorgan's $2.4 trillion in assets, the loose trading practices exposed by the "London Whale" scandal that led to a $6 billion loss has hurt the bank's reputation. "JPMorgan Chase appears to be accepting the fine as a form of penance," said Brian Gunia, an assistant professor at Johns Hopkins University's Carey Business School. (ASSOCIATED PRESS)

Although the nearly $1 billion fine is just a fraction of JPMorgan's $2.4 trillion in assets, the loose trading practices exposed by the "London Whale" scandal that led to a $6 billion loss has hurt the bank's reputation. "JPMorgan Chase appears to be accepting the fine as a form of penance," said Brian Gunia, an assistant professor at Johns Hopkins University's Carey Business School. (ASSOCIATED PRESS)

Featured Photo Galleries

CounselGalleryCOVER.jpg

Special Counsels Rack Up Bills

Robert Mueller’s special counsel investigation into Russian meddling in the 2016 election has cost $6.7 million during the first four and a half months of the probe. Click to see past independent counsel investigations guilty of racking up high bills.