NEW YORK CITY (dpa-AFX) - Financial services giant JPMorgan Chase & Co. (JPM) may settle the U.S regulators' probes into the bank's credit-card debt collection practices and sales of identity-theft products as early as next week, the Bloomberg reported citing two people familiar with the matter.
The Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau intend to fine the bank less than $80 million for both matters, the report said.
Citing one of the people, the report noted that JPMorgan is also near an agreement with U.S. and U.K. regulators who have been investigating its $6.2 billion trading loss last year.
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