In a settlement deal, JPMorgan Chase has agreed to pay some $13 billion in fines and other payments related to mortgages and mortgage securities that helped cause the financial crisis that began in 2007. Mark Lennihan/AP hide caption

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Mark Lennihan/AP

Wen Jiabao, when he was China's premier, at a banquet in 2010. Barbara Walton/pool/AFP/Getty Images hide caption

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Barbara Walton/pool/AFP/Getty Images

The JPMorgan Chase building in London, where traders ran up huge losses. Timur Emek/AP hide caption

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Timur Emek/AP

Whale Of A Fine: JPMorgan Chase To Pay $920M In Penalties

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JPMorgan Chase will reportedly pay a $700 million fine to settle allegations that it made risky trades out of its London office that led to more than $6 billion in losses. Mark Lennihan/AP hide caption

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Mark Lennihan/AP

JPMorgan To Get Whale Of A Fine For Trading Losses

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From 'Morning Edition': NPR's Jim Zarroli reports

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JPMorgan Chase CEO Jamie Dimon, here seen in June testifying before a congressional committee, will try to explain the bank's trading losses to investors on Friday. Chip Somodevilla/Getty Images hide caption

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