JPMorgan Said to Pay Most in $1.86 Billion CDS Settlement

Updated on
  • Morgan Stanley, Barclays, Goldman paying next-largest amounts
  • Deal would end years of litigation from group of investors

JPMorgan Chase & Co. headquarters in New York.

Photographer: Ron Antonelli/Bloomberg

JPMorgan Chase & Co. is set to pay almost a third of a $1.86 billion settlement to resolve accusations that a dozen big banks conspired to limit competition in the credit-default swaps market, according to people briefed on terms of the deal.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.