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JP Morgan handed $5.1bn fine

The US banking giant agrees a settlement over the sale of mortgage-backed securities.

US banking giant JP Morgan has agreed to pay more than $5bn to settle claims that it missold mortgage backed debt in the run up to the financial crisis. We hear the latest from New York. Also in the programme - the toll that drug wars are taking on businesses in Mexico, the ways that Chinese business people approach doing a deal - and why Coca Cola are organising a Metallica concert in Antarctica. Plus our regular link-up with our partners at Marketplace from American Public Media and our live guest, anthropologist and musician Adrian Hearn.

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55 minutes

Last on

Sat 26 Oct 2013 00:06GMT

Broadcast

  • Sat 26 Oct 2013 00:06GMT

Podcast