$13B JPMorgan Deal Could Complicate Big Bank Resolution

Law360, New York (October 21, 2013, 7:37 PM EDT) -- The rumored $13 billion settlement between JPMorgan Chase & Co. and the U.S. Department of Justice could force regulators to offer litigation releases to banks that will now likely be reluctant to buy up their floundering competitors in a future crisis, analysts say.

While JPMorgan is going to foot the bill for the reported record $13 billion settlement of claims related to mortgage-backed securities, the bulk of the claims actually stem from Bear Stearns and Washington Mutual Inc., two failed banks that JPMorgan took over at...
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