ECB fines JPMorgan €12.2 million for "gross negligence"

NewsECB fines JPMorgan €12.2 million for "gross negligence"
💬 According to the editorial board of Turkish Club, the news caused a strong reaction of local residents.
The European Central Bank (ECB) imposed an administrative fine of approximately €12.2 million on JPMorgan's European subsidiary J.P. Morgan SE for its misrepresentation of capital requirements.

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