as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now! (You can now subscribe to our(You can now subscribe to our Economic Times WhatsApp channelFRANKFURT, - The ​European Central ​Bank fined JPMorgan's European ​arm 12.18 million euros ($14.32 million) for misreporting capital requirements after ‌it wrongly calculated ⁠risk-weighted ⁠assets, the ECB ​said in a statement on Thursday. "Between 2019 ​and 2024, the bank reported lower risk-weighted assets ​than it ⁠should have ‌done," the ​ECB ​said. "This occurred because, ⁠for 15 consecutive quarters, the ​bank misclassified corporate exposures and ​applied a lower risk-weight for credit risk to them than what banking rules prescribe. "The ‌bank also unduly excluded certain transactions when calculating ​risk-weighted ​assets, ⁠the ECB added in a decision that may be challenged at ​the Court of Justice of the European Union.

Source: Economic Times February 19, 2026 17:27 UTC