Tagged: Britain

J.P. Morgan hit with record U.K. fine

British regulators fined investment bank J.P. Morgan Chase a record $48 million for failing to keep client money separate from the firm’s money — from 2002 when Morgan merged with Chase until mid-2009 — which put client money at risk had the company gone insolvent.  Law Professor Tamar Frankel, an authority on securities law and […]