
JP Morgan boss Jamie Dimon has met US regulators in a bid to
resolve investigations into whether the US's largest bank misled investors.
According to the US Attorney General Eric Holder, he said I did meet with representatives of JP Morgan but
he did not disclose specific details.
JP Morgan is being investigated by several US agencies over
the sale of investments which turned sour.
It is thought that any settlement could run into billions of
dollars.
US media has reported that JP Morgan could agree to
financial penalties of several billions of dollars to pay back investors and
consumers who lost money through transactions relating to mortgage-backed
securities.
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