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Business daily

Record fine of $13 billion for JPMorgan Chase

By: Matthew WARREN
1 min

US bank JPMorgan Chase has agreed a $13 billion settlement with US authorities. The charge relates to allegations over its selling of mortgage securities. Meanwhile, we bring you a report from London on embassies that are moving out of the traditional enclaves of Mayfair and Belgravia to find cheaper areas to put their staff.

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