Nov 8 JPMorgan Chase & Co said U.S.
regulators have approved a plan for the company to use its
capital to buy back its stock in the first quarter of 2013.
The company, which had suspended buybacks in May, had
submitted a new capital plan to the Federal Reserve in August
after containing its London Whale derivatives losses at about
The Federal Reserve informed the bank on Nov. 5 that it had
approved the plan, the company said in a quarterly filing on
The approved plan provides for the company to continue
paying its current quarterly dividend on common stock, the