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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: JP Morgan Fine: Do US Taxpayers Lose?

20/11/2013

JP Morgan Fine: Do US Taxpayers Lose?

BBC World Service - World Business Report, JP Morgan Fine: Do US Taxpayers Lose?

As JP Morgan's $13billion settlement is confirmed, will taxpayers lose out?

As JP Morgan's $13bn settlement is confirmed, will taxpayers lose out?

As JP Morgan's record $13billion settlement with the US government over the mis-selling of mortgage backed debt before the financial crisis is confirmed, we hear how American taxpayers may be losing out. Also, we are live in Tanzania where reporter Lucy Hooker asks whether the country's future growth relies on Tanzanians buying home-grown goods. Should the highest paid person in a company earn only a set amount more than the lowest paid? We hear from Switzerland, where a question asking just that is being put to Swiss voters this weekend. And how much money can still be made out of Elvis - as the commercial empire built up around the legacy of the King changes hands.

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