Washington:
JPMorgan Chase & Co and Credit Suisse Group will together pay $400 million to settle civil charges that they misled investors in residential mortgage-backed securities offerings, securities regulators said on Friday.
JPMorgan will pay $296.9 million to settle its charges while Credit Suisse will pay $120 million, the Securities and Exchange Commission said.
Both agreed to settle without admitting or denying the charges.
Copyright @ Thomson Reuters 2012
JPMorgan will pay $296.9 million to settle its charges while Credit Suisse will pay $120 million, the Securities and Exchange Commission said.
Both agreed to settle without admitting or denying the charges.
Copyright @ Thomson Reuters 2012
