· According to documents provided by German authorities to French investigators, deposits from some 38,000 French clients with UBS amounted to a total of around 13 billion Swiss francs (11 billion, $13 billion), a source close to the case told AFP. Not.
· Starbucks Earnings Highlights You Need to Know. Record No. 2 was for annual net revenues, which at $13.3 billion grew 14% from fiscal 2011. This was due in no small part to a host of new stores opening for business; the company brought.
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The Department of Justice, or DOJ, and JPMorgan Chase & Co. (NYSE:JPM) have reportedly reached an agreement in the pending $13 billion settlement. One person familiar with the matter told CBS the.
The Sacklers had an estimated net worth of $13 billion as of 2016, making them America’s 19th-richest family, according to Forbes magazine. In its filing Friday, New York told a state judge that the only way it can determine the full extent of those transfers is if all those it has subpoenaed are forced to provide documents detailing their interactions with the Sackler family.
Much of the settlement will be tax deductible for JPMorgan because regulators had agreed to treat Bear Stearns and total billion settlement will hit JPMorgan’s after-tax earnings.in a pre-tax manner. Overall, only $2 billion of the
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The Justice Department, along with federal and state partners, today announced a $13 billion settlement with JPMorgan – the largest settlement with a single entity in American history – to resolve federal and state civil claims arising out of the packaging, marketing, sale and issuance of residential mortgage-backed securities (RMBS) by JPMorgan, Bear Stearns and Washington Mutual prior to Jan. 1, 2009.
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The Justice Department and JPMorgan have reached a possible $13 billion settlement over civil charges that the bank sold bad mortgage loans to investors prior to the mortgage crisis. According to Reuters, this record-setting deal won’t release JPMorgan from criminal liability from some mortgages that were packaged into bonds and sold to investors.