Market Chatter - Corporate finance press digest

Fri Nov 16, 2012 12:40am EST

Nov 16 (Reuters) - The following corporate finance-related story was reported by media on Friday:

* U.S. regulators are expected to serve JPMorgan Chase with a formal action alleging weaknesses in the bank's antimoney-laundering systems, the Wall Street Journal reported, citing people close to the situation. The cease-and-desist order from the Office of the Comptroller of the Currency is part of a broader crackdown on the nation's largest banks, the report said.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.