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New York State Attorney General Eric Schneiderman address a news conference in his New York offices, Tuesday, Nov. 19. JPMorgan Chase & Co. has reached a record $13 billion settlement with federal and state authorities, resolving claims over the bank's sales of low-quality, high-risk mortgage-backed securities that collapsed in value during the U.S. housing crisis.

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Tease photo

JPMorgan to pay billions

$13 billion grand total announced

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