JPMorgan, as part of the order, didn’t admit or deny the Office of the Comptroller of the Currency’s findings

A top banking regulator fined a JPMorgan Chase unit $250m over deficiencies in internal controls and internal audit practices.

JPMorgan Chase Bank entered into a resolution with the Office of the Comptroller of the Currency to pay the civil penalty, the company said in a regulatory filing Tuesday.

JPMorgan hit with $250m fine over poor internal controls

Jack Hagel

Josh Beckerman

JPMorgan

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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