JPMorgan & Credit Suisse Settle SEC Mortgage Inquiries

Dawn Kopecki, Tom Schoenberg and Donal Griffin, Bloomberg JPMorgan Chase & Co. (JPM) and Credit Suisse Group AG (CSGN) agreed to pay almost $417 million to settle U.S. regulatory claims they misled investors while selling billions of dollars of investments linked to home loans. JPMorgan resolved claims that it made misstatements about delinquency data for loans packaged into securities and that […]