Yields on Nigeria’s 10-year debt dropped 18 basis points to 14.07 percent as selling pressure eased, a day after the suspension of the central bank governor caused a selloff in its bond, currency and stock markets. The 2022 benchmark debt, listed in the JP Morgan emerging government bond index and […]
Tag: JP Morgan
JPMorgan makes deals to pay $920 million for Whale probes
JPMorgan Chase & Co the biggest U.S. bank, will pay approximately $920 million in penalties to regulators in two countries to settle some of its potential liabilities from its $6.2 billion London Whale derivatives loss last year, according to terms made public on Thursday. The penalties include $300 million to […]
JPMorgan China probe sends chill through investment banks
A U.S. banking regulator’s probe into JPMorgan’s (JPM.N) hiring practices in China will have rival banks scrambling to review their own records, lawyers say, in a market where ties to political and business leaders can be key to winning big deals. Banks around the world commonly hire people with government […]
