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In wake of JPMorgan settlement, big banks add to defense funds

January 20th, 2014 by [shareaholic app="share_buttons" id="27157108"]

By Around the Web NEW YORK (Reuters) – Several large U.S. banks have set aside extra money to pay for potential legal costs in part because of JPMorgan Chase & Co’s massive $13 billion settlement with U.S. authorities over bad mortgages, according to two sources familiar with the situation….(read more)

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