JPMorgan Faces Criminal Probe as Bank Says U.S. Faults MBS Sales

JPMorgan Faces Criminal Probe as Bank Says U.S. Faults MBS Sales

Victor J. Blue/Bloomberg

The U.S. is investigating JPMorgan under the Financial Institutions Reform, Recovery and Enforcement Act, according to a person briefed on the matter, requesting anonymity because details of the inquiry aren’t public.