JPMorgan, MF Global trustee reach

JPMorgan, MF Global trustee reach agreement
Associated Press

FILE - In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. J.P. Morgan Chase has reached a $546 million settlement with MF Global Holdings to reimburse cash that was misplaced from customers’ accounts when the trading firm collapsed in 2011. Both companies confirmed the settlement, which must be approved by Bankruptcy Court Judge Martin Glenn and District Court Judge Victor Marrero to become effective. (AP Photo/Mark Lennihan, File)

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