By Ben GlickmanJ.P. Morgan Chase expects to pay $350 million in fines to U.S. regulators for recordkeeping failures in its corporate and investment bank. J.P. Morgan said it had self-identified that some trading and order data through the its corporate and investment bank was not feeding into its trade surveillance platforms. The bank said it has been responding to government inquiries about its processes to inventory trading venues and confirm the completeness of certain data. J.P. Morgan "has completed enhancements to the CIB's venue inventory and data completeness controls, and other remediation is underway," it said in its annual report. Write to Ben Glickman at ben.glickman@wsj.com(END) Dow Jones NewswiresFebruary 16, 2024 17:07 ET (22:07 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal February 17, 2024 10:09 UTC