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A long weekend for bank lawyers with J.P. Morgan, BofA, UBS and Deutsche Bank in spotlight

A long weekend for bank lawyers with J.P. Morgan, BofA, UBS and Deutsche Bank in spotlight

In case you needed another reminder that the banking industry’s legal problems are still quietly raging, this weekend brought four.

It wasn’t just J.P. Morgan Chase & Co. JPM , though weekend banking news certainly was dominated by reports that the bank could pay $13 billion to federal prosecutors to settle a host of civil probes over mortgage investments it sold and other matters.

Legal problems also cropped up for Bank of America Corp. BAC , UBS  UBS  and Deutsche Bank DB . Deutsche Bank is talking to some 50 employees as it examines whether its bankers manipulated the Libor interest rate, according to the German newspaper Handelsblatt. A former top banker from Switzerland-based UBS was arrested in Italy over the weekend, accused of helping wealthy American clients hide their money in Swiss bank accounts.

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