The Traderszone Network

Published in TZ Latest News 4 November, 2014 by The TZ Newswire Staff

JPMorgan says justice department probing forex business

Justice Department was conducting a criminal investigation into its foreign exchange business. The investigation focuses on its spot foreign-exchange trading activities and controls related to those, the bank said in a regulatory filing. The bank said it was cooperating with the investigations and was in talks with the justice department and civil enforcement authorities, but that there was “no assurance that such discussions will result in settlements.”