The bank agreed to a $1.7 billion civil forfeiture--the largest ever imposed in American financial history--and also agreed to pay a $350 million fine to the Office of the Comptroller of the Currency.
The bank agreed to forfeit $1.7 billion--the largest forfeiture ever imposed in American financial history. JPMorgan also agreed to pay a $350 million fine to the Office of the Comptroller of the Currency.