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<p>In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York.</p>

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JPMorgan admits fault, pays $920M for trading losses
September 20, 2013 9 p.m.

JPMorgan admits fault, pays $920M for trading losses

WASHINGTON - The financial penalty is staggering. JPMorgan Chase & Co. will pay $920 million for trading losses that shook the financial world last year.