JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Thursday that government legal cases, including those over mortgage securities the company settled for more than $13 billion, were "unfair".Dimon, speaking on CNBC in a pre-recorded interview from Davos, Switzerland, said most of the government claims against the company were for dealings that took place at companies before JPMorgan bought them in the financial crisis."I think a lot of it was unfair, but I am not going to go into the details," Dimon said in the television interview.JPMorgan agreed last year to pay $13 billion to settle multiple government claims over dealings in mortgage securities at JPMorgan and at two banks it took over during the crisis, Bear Stearns and Washington Mutual.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM fell by 1.0% or $-0.58/share to $57.59. In the past year, the shares have traded as low as $46.05 and as high as $59.82. On average, 17800300 shares of JPM exchange hands on a given day and today's volume is recorded at 15485011.
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