JPMorgan Chase Gets Green Light For Share Buy-Back
JPMorgan Chase (JPM) got the nod from federal regulators to start buying back its own shares again, after suspending the program six months ago, when it disclosed the surprise trading losses that ultimately climbed to $6 billion. The nation's largest bank by deposits plans to buy $3 billion worth of shares in the first quarter, it said in a Securities and Exchange Commission filing. The company also said it reached an agreement "in principle" with
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