JPMorgan Found Guilty Of Corruption, Fined $264 Million
China has found JPMorgan Chase guilty of corruption and fined the financial institution a staggering $264 million. By demanding that bankers be subject to the same laws as the rest of society, China is opting for a very different strategy to Europe and the US, where banks are only ever fined nominal amounts, and directors and chief executives escape punishment altogether. AnonHQ report: We all know that the 2008 financial crisis was a result of the recklessness of the big banks, especially those in the United States.