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JPMorgan has lengthy list of legal problems

NEW YORK — The London whale isn’t the only thing weighing on JPMorgan Chase these days. In fact, the nation’s largest bank has a long list of legal challenges beyond the $6 billion trading loss with the memorable nickname. It faces a swirl of investigations and lawsuits, among them accusations that it is too quick to sue credit card customers over late payments and that it should have caught on to Bernie Madoff’s giant Ponzi scheme. The bank has only recently cleared away other legal problems, including settling regulators’ accusations last month that it manipulated energy prices. More in The Boston Globe here.

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