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JPMorgan warning

Pole Dancing Robot

JPMorgan is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview.

BNP Paribas wins reprieve

Justice Scales

BNP Paribas won a government waiver that lets affiliates continue to operate as asset managers in the U.S., something that was in doubt after the bank admitted violating American sanctions on nations such as Iran.