JPMorgan Abandons Plans for New $6.5B NYC Headquarters

Germany's largest bank faced legal expenses, setting aside $1.1 billion for settlements. Marcus Shank from Goldman Sachs will replace Stephen Prows as CFO. JP Morgan Chase halted its Manhattan headquarters project due to subsidy issues. The Federal Reserve concluded its meeting, ending the bond-buying program and expressing concerns over declining inflation.

What are the Fed policymakers wrapping up?

What program is Janet Yellen and her colleagues expected to end as planned?