Daily News: October 25, 2013

JPMorgan May face Sanctions Over Madoff Ties, NY Times Reports

Reuters reported that JPMorgan Chase may be forced to make a deal with federal authorities to avoid criminal prosecution over its handling of accounts of imprisoned swindler Bernie Madoff, The New York Times reported.

The newspaper said federal prosecutors and representatives of the bank held preliminary talks about a deferred prosecution agreement, Reuters also said.

To read the entire Reuters , click here.