Reported Too Low Risks: ECB Imposes Millions in Fines on US Banking Giant J.P. Morgan
The European Central Bank has imposed fines totaling approximately 12.2 million euros on J.P. Morgan for underreporting risk-weighted assets.
European Central Bank: Lagarde wants to complete her term as ECB President
Christine Lagarde, President of the European Central Bank, has confirmed her intention to serve out her full term amid rumors of an early departure.