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Stories for November 20th 2013

• Wednesday, November 20th 2013 - 04:38 UTC

  JP Morgan agrees to pay record 13bn settlement for misleading investors

  

  US bank JP Morgan has agreed to a record 13 billion dollars settlement with US regulators for misleading investors during the housing crisis. It is the largest settlement ever between the US government and a corporation. The bank acknowledged it made “serious misrepresentations to the public”, but said it did not violate US laws.

• Wednesday, November 20th 2013 - 04:16 UTC

  UK summons Spanish ambassador following the latest incursion in Gibraltar territorial waters

  

  Acting Permanent Under Secretary Matthew Rycroft summoned the Spanish Ambassador H.E. Federico Trillo on Tuesday afternoon to raise the United Kingdom’s serious concerns regarding a significant incursion into British Gibraltar Territorial Waters on 18 and 19 November.