Midweek Roundup: JPMC Reportedly Getting Federal Scrutiny On Handling of Madoff Accounts, U.S. Wants Seeks to Share Iran Intelligence With EU Judges, and More

JPMorgan Chase is under investigation for alleged regulatory failures in connection with its handling of accounts controlled by convicted Ponzi-schemer Bernard L. Madoff, The New York Times reported Wednesday, citing unnamed sources. At least eight federal agencies and the FBI are probing the bank to see if it failed to alert authorities about suspicious transactions. The bank contends it acted "in good faith" and complied with anti-money laundering and other regulations. More U.S. officials are concerned that Iran may prevail on EU judges to loosen Iranian sanctions in the region, Reuters said Monday. In response to Iranian appeals, the European...