PARIS (Reuters) – U.S. bank JP Morgan has agreed to a 25 million euros ($29.6 million) fine in a settlement of a tax fraud case, French financial prosecutors’ office said on Thursday.
The financial prosecutors’ office said in a statement a Paris court had approved on Thursday the settlement sealed with JP Morgan.
The settlement follows a probe opened in 2012.
($1 = 0.8438 euros)
(Reporting by Benoit Van Overstraeten and Matthieu Protard; Editing by Edmund Blair)