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JPMorgan reaches $4.5B investor settlement

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Bank is close to deal with 21 institutional investors with losses on mortgage-backed securities.


NEW YORK (AP) - JPMorgan says reaches $4.5 billion settlement with investors on mortgage-backed securities.


During the regular trading session, shares of JPMorgan ended up 47 cents, 0.9%, to $54.87. In after-hours trading Friday, shares gained 14 cents, 0.3%, to $55.01.


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