JPMorgan Chase & Co. and General Electric Co.’s finance arm had their smallest Samurai-bond sales in more than nine years as a global stock rout damped investor demand for debt that offered investors record-low yields.
Morgan Stanley and JPMorgan Chase & Co. agreed to pay $1.86 billion to end U.S. accusations of misconduct in their handling of home loans and related securities that left taxpayers shouldering losses after the financial crisis.
JPMorgan Chase & Co. will pay $614 million to settle claims it improperly approved Federal Housing Administration and Veterans Affairs loans that weren’t eligible for insurance from those agencies because they didn’t meet underwriting requirements.
Dzhokhar Tsarnaev, accused in the deadly Boston Marathon bombing that killed three and injured more than 260, will probably face a capital punishment phase of his trial given the violence of the attack and the evidence against him, former federal prosecutors said.
The U.S. Department of Veterans Affairs ordered $241 million of cadaver tissue and other material derived from human and animal bodies in the last three years, some of it from vendors warned by federal regulators about contamination in their supply chain.
The U.S. Department of Veterans Affairs may be putting patients at risk in some cases by failing to keep tabs on surgical implants such as stents and skin grafts, a federal watchdog office reported today.