JPMorgan settles ‘Whale’ for $920M

Jam🎶ie Dimon rues the day he mocked the beast, calling it a “tempest in a teapot.”

Now the London wha♈le is giving Capt. Dimon a sinking feeling.

The choppy sea of billion-dollar fines is washing over the S.S. JPMorgan, weighing it down to the🐼 tune of $17.7 billion since 2008, according to analysts.

The latest punishment for Capt. Dimon’s sprawling bank comes in the form of a $920 million settlement with financial watchdogs, including aไ UK regulator.

And it’s not only digging into the bank’s coffers that must gall the bank boss, who helped his firm navigate the choppiest of waters duri🍸ng the financial crisis. Indeed﷽, Thursday’s penalties forced Dimon to acknowledge the firm’s shortcomings.

Securities and Exchange🍰 chief Mary Jo White got a rare admission from the bank that it’s poor handling of the London whale trade “violated the federal securities laws.”

Thursday’s fines included the Office of the Comptroller of the Currency, which fined the bank $300 million, and the UKꦆ’s Financꦉial Conduct Authority is collecting roughly $220 million from Dimon’s vaults.

The bank will also write the Federal Reserve and the SEC a $200 million✅ fine check each.

Thursday’s punishment c🍎omes more than a year after JPMorgan blew up its London trading office, putting a $6.2 billion hole in its balance sheet.

On Wall St. the hard-charging Dimon still boasts a stellar reputation, but now the bank’s recent run-ins with regulators is garnering it the dubious distinction o🍎f No. 1 fined bank.

In fact, Thဣursday’s whale penalties came on the same day the bank was dinged for practices related to its💎 credit- card business.

Since 2008, the firm has tallied more legal fines than ♋Bank of America at $16.1 billion, according to research by FBR Capital Markets.

Still looming is an expected fine ♊from the Commodity Futures Trading Commission.

Analyst Jeff Harte of Sandler O’Neill is estimating that JPM🐓organ will face a total of $3.7 billion in fines for 2013, including $2.1 billion for t﷽he second quarter alone.

Dimon tolܫd some senior employees that he was “proud of their £effort🔴s” to correct risk problems.

However, he added that “we have a lot of work to do,” peopꦑle familiar with the situation said.