02:10 PM EDT, 03/10/2025 (MT Newswires) -- Wells Fargo ( WFC ) on Monday sued JPMorgan Chase ( JPM ) in an effort to recover investor losses stemming from a $481 million commercial real estate loan, alleging it was based on a fraudulent financial metric, Reuters reported.
Wells Fargo ( WFC ) and JPMorgan ( JPM ) did not immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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