Saturday, August 20, 2016

JPMorgan, FDIC, Deutsche Bank finalize settlement in WaMu mortgage suit

JPMorgan Chase’s legal battle with the Federal Deposit Insurance Corp. and Deutsche Bank AG over its acquisition of Washington Mutual’s banking operations is finally over. The settlement closes the door on issues that date back to the financial crisis. After nearly a decade of back and forth battles, here’s what the parties agreed on.

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