trending Market Intelligence /marketintelligence/en/news-insights/trending/f6tJR51Ud9A8NnGiZzB1-g2 content esgSubNav
In This List

US files suit against JPMorgan over discriminatory lending accusations

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022

Blog

Investment Banking Newsletter April 2022


US files suit against JPMorgan over discriminatory lending accusations

The U.S. government filed a complaint in a Manhattan federal court against JPMorgan Chase & Co. alleging that the bank discriminated against minority borrowers, Reuters reported Jan. 18.

The complaint asserted that between 2006 and 2009 the bank charged higher rates and fees on home mortgage loans to African-American and Hispanic borrowers, violating the U.S. Fair Housing Act and the Equal Credit Opportunity Act, the news outlet said.