JPMorgan’s Chief Executive Dimon Enters Justice Department

Sept. 26 (Bloomberg) -- Bloomberg News’ Phil Mattingly reports that JPMorgan CEO Jamie Dimon has arrived at the Justice Department where he is set to meet with Attorney General Eric Holder on what could potentially be an $11 billion settlement on multiple mortgage bond investigations. He speaks on Bloomberg Television’s “In The Loop.”

Sept. 26 (Bloomberg) --JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon arrived at the Justice Department in Washington this morning.

Dimon is set to meet with Attorney General Eric Holder over the settlement discussions related to multiple mortgage bond investigations, according to a person familiar with the meeting.

The New York-based bank is in negotiations with federal and state authorities to resolve multiple probes tied to mortgage bonds. Negotiations have included talks of a potential $11 billion settlement, according to another person familiar with the talks.

Joseph Evangelisti, a spokesman for the bank, declined to comment.

To contact the reporter on this story: Phil Mattingly in Washington at pmattingly@bloomberg.net

To contact the editor responsible for this story: Steven Komarow at skomarow1@bloomberg.net

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