In the meantime, The Wall Street Journal reports that JPMorgan's Chief Investment Office wasn't the only firm unit that had an appetite for bigger risks.
According to the newspaper, in its 'first-quarter financial filings, the bank said it increased its value at risk –a measurement of the amount the bank could lose in a day – 62% in commodities trading and 22% in fixed-income trading over the same year-ago period'.
And Reuters reports that JPMorgan Chase has received court permission to pay as much as $44.6m to resolve private litigation accusing the firm of conspiring to fix prices and rig bids on municipal bond transactions.
U.S. District Judge Victor Marrero in Manhattan granted preliminary approval of the accord earlier this week, calling it fair, reasonable and adequate.
Finally, The New York Post reports that JPMorgan has returned roughly $600m that was ensnared at the bank when MF Global Holdings collapsed in October, people familiar with the matter said last week.
Most of the payments haven't been disclosed publicly, and a bankruptcy trustee representing customers of the failed securities firm might pursue JPMorgan for as much as several hundred million dollars in additional claims, according to a person familiar with the investigation.
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