FCA fines / 2013 / JP Morgan Chase Bank NA

JP Morgan Chase Bank NA FCA fine

RegActions records a disclosed FCA monetary penalty of £137,610,000 dated 18 Sep 2013 for JP Morgan Chase Bank NA.

Case facts

Firm or individualJP Morgan Chase Bank NA
RegulatorFinancial Conduct Authority (FCA)
Date18 Sep 2013
Penalty£137,610,000
RegActions breach classificationINVESTMENT
Public case ID94c5ce78-6bd9-4f9c-bc6b-67d9c5f4708c

Case summary

For serious failings relating to its Chief Investment Office’s "London Whale" trades.

Official evidence

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Scope

This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.