Increased Regs Paining Banks, Profiting Lawyers
- Sunday, 13 October 2013
- Big Law
The quarterly loss that JPMorgan Chase recently took as a result the $9.2 billion it set aside for mounting legal expenses is emblematic of the pain regulatory agencies' stepped-up oversight is causing banks. Its also creating a boon for many of the nation's most sophisticated law firms, according the New York Times' DealBook.
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