{"id":25571,"date":"2011-10-21T08:05:36","date_gmt":"2011-10-21T12:05:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25571"},"modified":"2011-10-21T08:05:36","modified_gmt":"2011-10-21T12:05:36","slug":"united-commercial-bank-sac-hedge-funds-eu-rules-compliance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/united-commercial-bank-sac-hedge-funds-eu-rules-compliance.html","title":{"rendered":"United Commercial Bank, SAC, Hedge Funds, EU Rules: Compliance"},"content":{"rendered":"<p>BusinessWeek &#8211; JPMorgan Chase &amp; Co. disclosed $1.3 billion of new expenses tied to faulty mortgages and foreclosures in its third quarter, pushing the bill for the five biggest home lenders since 2007 to almost $69 billion.<\/p>\n<p>JPMorgan, the biggest U.S. bank by assets, set aside $314 million for buying back defective loans and incurred $1 billion in litigation costs caused mostly by mortgages, according to its Oct. 13 report. That brought the New York-based bank\u2019s total to at least $17.6 billion, according to data compiled by Bloomberg.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2011-10-21\/united-commercial-bank-sac-hedge-funds-eu-rules-compliance.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek &#8211; JPMorgan Chase &amp; Co. disclosed $1.3 billion of new expenses tied to faulty mortgages and foreclosures in its third quarter, pushing the bill for the five biggest home lenders since 2007 to almost $69 billion. JPMorgan, the biggest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25571","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=25571"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25571\/revisions"}],"predecessor-version":[{"id":25572,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25571\/revisions\/25572"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}