JPMorgan Said to Agree to at Least $750 Million in Whale Fines

JPMorgan Said to Agree to at Least $750 Million in Whale Fines

Simon Dawson/Bloomberg

The offices of JPMorgan Chase & Co. stand in London. The bank’s bad bets on derivatives prompted authorities on two continents to open investigations into the firm’s controls and disclosures last year as losses surpassed $6.2 billion.