Bank is close to deal with 21 institutional investors with losses on mortgage-backed securities.

 
 

JPMorgan reaches $4.5B investor settlement



NEW YORK (AP) — JPMorgan says reaches $4.5 billion settlement with investors on mortgage-backed securities.

During the regular trading session, shares of JPMorgan ended up 47 cents, 0.9%, to $54.87. In after-hours trading Friday, shares gained 14 cents, 0.3%, to $55.01.

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 Link:  http://www.usatoday.com/story/money/business/2013/11/15/jpmorgan-reaches-multibillion-dollar-settlement/3593475/?utm_source=dlvr.it&utm_medium=twitter&dlvrit=110940