In light of JPMorgan’s $13 billion tentative settlement deal, global banks are approaching the New York attorney general about negotiating settlements their own charges, reports the Financial Times.
In light of JPMorgan’s $13 billion tentative settlement deal, global banks are approaching the New York attorney general about negotiating settlements their own charges, reports the Financial Times.
Attorney general Eric Schneiderman told FT that other banks have expressed interest in settling to him, but declined to say which institutions spoke to his office.
He also views JPMorgan’s tentative deal as “a template for future settlements,” FT reports.
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