Financial Business Recap: JPMorgan & Others Asked To Sign Tolling Agreements

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

These were Thursday’s top stories:

Top banks that include JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), UBS AG (NYSE:UBS), The Royal Bank of Scotland Group Plc (NYSE:RBS), and Deutsche Bank AG (NYSE:DB), have been requested by the Justice Department and the Commodities Futures Trading Commission to sign “tolling” agreements which will permit the agencies to file charges over alleged interest-rate manipulation beyond the statute of limitations, according to the Wall Street Journal. Moreover, the firms are expected to acquiesce rather than to prompt regulators to indict them while they try to last out the time limit.

Don’t Miss: The Fed’s Balance Sheet Puts Gold and Silver on the Warpath.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business