JPMorgan’s Chief Executive Dimon Enters Justice DepartmentPhil Mattingly
JPMorgan Chase & Co. 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.