Ambac Financial Group

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JPMorgan Chase to pay $995 million to bond insurer Ambac 

Jan 26, 2016By

In the latest settlement resolving issues from the financial crisis, JPMorgan Chase said it will pay $995 million to bond insurer Ambac Financial Group to settle disputes related to the insurance of residential mortgage-backed securities.

3d rendering of a row of luxury townhouses along a street

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