Biggest 2013 Headline: JPMorgan's Legal Nightmares

By David Hanson and Matt Koppenheffer – Jan 5, 2014 at 11:00AM

NYSE: JPM

JPMorgan Chase

Market Cap

$553B

Today's Change

(1.44%) $2.73

Current Price

$192.14

Price as of April 23, 2024, 4:00 p.m. ET

2013 was a year to forget for the Wall Street bank.

In this special edition of the Motley Fool's everything-financial show, Where the Money Is, Fool financial analysts Matt Koppenheffer and David Hanson take a look back at JPMorgan Chase's legal woes during 2013. Despite doling out billions via legal settlements, the bank was still wildly profitable over the past 12 months.

David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer owns shares of Bank of America and JPMorgan Chase. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America and JPMorgan Chase. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.