JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of Singapore (MAS) says the banking giant has admitted it’s liable for failing to discover and stop misconduct by its relationship managers. The agency says the managers provided incorrect information to clients while executing 24 over-the-counter […] The post JPMorgan... source: https://dailyhodl.com/2024/12/02/jpmorgan-chase-paying-1790000-penalty-for-overcharging-clients-in-singapore-failing-to-stop-employee-misconduct/