European Central Bank fines JPMorgan over capital misreporting errors
The European Central Bank fined JPMorgan 12.18 million euros today for miscalculating risk-weighted assets. The bank misreported figures for five years.
Insights:
The European Central Bank announced on February 19, 2026, that it has imposed a fine of €12.18 million on JPMorgan's European arm . This ECB enforcement action follows a determination that the institution misreported its capital requirements by understating its risk-weighted assets.
