France fines U.S. bank JP Morgan $29.6 million in tax fraud settlement

Reuters

Published Sep 02, 2021 06:17AM ET

PARIS (Reuters) - U.S. bank JP Morgan has agreed to a 25 million euros ($29.6 million) fine in a settlement of a tax fraud case, French financial prosecutors' office said on Thursday.

The financial prosecutors' office said in a statement a Paris court had approved on Thursday the settlement sealed with JP Morgan.