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JPMorgan reviewing oversight of traders, Reuters reports
The Fly

JPMorgan reviewing oversight of traders, Reuters reports

JPMorgan Chase is working with KPMG to review the oversight of its traders across the bank’s markets division globally, Stefania Spezzati of Reuters reports, citing sources with knowledge of the review. When asked by Reuters why it had hired KPMG, JPMorgan said: "We invest heavily in our compliance and surveillance systems and often engage third parties to benchmark our capabilities. Such practices should not be taken for anything more than that." Reference Link

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