JPMorgan to pay US$4 billion for consumer relief in deal with US government

JPMorgan Chase and US government officials have agreed on terms of a US$4 billion consumer relief package that is to be part of a US$13 billion deal to settle the bank’s liability to government agencies over mortgage securities, according to a person familiar with the mat

via Business feed http://www.scmp.com/business/banking-finance/article/1360047/jpmorgan-pay-us4-billion-consumer-relief-deal-us-government