Tagged: settlement

Gold posts highest settlement in over 3 weeks

Gold futures logged sharp gains Monday, registering their third straight session advance, as investors’ expectation for lower interest rates helped prop up the commodity amid higher moves in stock benchmarks and crude futures. June...

Gold scores highest settlement in four months

Gold futures settled higher on Thursday for a fifth straight session to score their highest settlement in about four months. Thursday’s gain lifted gold futures into positive territory year to date. Speculation over an...

JPMorgan Chase Reaches $13B Settlement

JPMorgan Chase Reaches $13B Settlement

After years of investigations and lawsuits regarding its sales in subprime, mortgage-backed securities, JPMorgan Chase reached a $13 billion deal with the Department of Justice on Tuesday to settle all outstanding issues. It’s the...

JP Morgan Agrees to $5.1 Billion Settlement with Housing Regulator

JP Morgan Agrees to $5.1 Billion Settlement with Housing Regulator

A government regulator announced Friday it had reached $5.1 billion in settlement with JP Morgan Chase over alleged mortgage practice violations leading up to the 2008 mortgage crisis. The Federal Housing Finance Agency, which...

SAC’s Settlement Signals the End of the Wild West on Wall Street

SAC’s Settlement Signals the End of the Wild West on Wall Street

Over the past twenty years, Steve Cohen built his hedge fund SAC Capital into one of the largest and most successful operations on Wall Street, making himself into a billionaire nine times over. But...