steven ricchiuto, and of course also mixo das. reacting to the fed. you can get a roundup of the stories to get your stay -- your day started. go to dayb on your terminals. you can customize settings so you just get the news that he care about. this is bloomberg. ♪ annabelle: some of the latest corporate stories. jp morgan is expected to pay an additional $100 million towards trade monitoring gaps. this has to settle a new complaint from the u.s. commodity futures trading commission up it jp morgan earlier agreed to pay over $300 million to two other regulators including the fed. barclays has begun cutting hundreds of jobs as the firm advances on a massive cost-cutting drive. cuts will impact several hundred staffers and local markets, investment banking, and research. barclays is seeking to cut 2 million pounds of costs. national australia bank says it will buyback up to 1.5 billion australian dollars of its own stock. the lender's cash earnings fell 13% in the six months ending march 31. the ceo says disciplined execution of strategy helped the