JPMorgan Chase bank settles payment with Madoff

 

By The U.S. Department of Justice.

To read full report: JPMorgan Chase bank settles payment with Madoff

Pursuant to our discussions and written exchanges, the Office of the United States Attorney for the Southern District of New York (the “Office”) and defendant JPMorgan Chase Bank, N.A. (“JPMorgan” or the “Bank”), under authority granted by its Board of Directors in the
form of a Board Resolution (a copy of which is attached hereto as Exhibit A), hereby enter into this Deferred Prosecution’ Agreement (the “Agreement”).

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