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JP Morgan agrees $13bn settlement

JP Morgan agrees a record settlement of $13bn with US regulators for misleading investors during the housing crisis.

US bank JP Morgan has agreed to a record settlement of $13bn (£8bn) with US regulators for misleading investors during the housing crisis.

It is the largest settlement ever between the US government and a corporation.

However this deal only relates to civil damages.

Samira Hussain reports.