JPMorgan Chase admitted violations and will pay about 900 million dollars

As well as it was supposed earlier, after recognition of the violations the JPMorgan Chase bank in the form of penalties in Great Britain and the USA will pay to government bodies more than 900 million dollars.
As journalists of "The exchange leader" specified, the agreement between the governments of two countries and JPMorgan Chase becomes the last point among investigations which were connected with the gross blunders allowed by bank on a course of trade operations.
For the largest American bank restoration of trust of government bodies becomes a turning point as it now works over completion of losses in 6 billion dollars.
Generally losses were provoked by decent volumes of trade in risky derivatives at the London office of bank after JPMorgan occupied a niche unfamiliar to it that soiled its reputation of the expert in risky assets.
Analysts of Forex Trend broker company (Forex Trend - the leader in a rating of brokers Masterforex-V Academy Forex) note that weak control in JPMorgan allowed to hide bank losses to the London traders. The bank long couldn't recognize weakness of internal control and thus tightened detection of violations.