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"investment banking" tag

JPMorgan Chase accused of massive fraud

New York state has filed a civil suit against JPMorgan Chase over the allegedly fraudulent sales of mortgage-backed securities. The suit comes just one month shy of the US presidential election. New York’s attorney general...

EU advisory group urges overhaul of banking system

Advisers to the European Commission have issued their recommendations for a structural reform of the continent’s banking system. They’re in favor of separating retail and investment operations to reduce future risks. A group of advisers,...