Get the scoop on finance - sign up for mobile alerts

Financeflux

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Risk Losing $24,400,000,000 As Number of Troubled Loans Erupt: Report

Optimism in the US banking industry is being threatened by a growing pile of bad loans, putting pressure on the…

January 14, 2024

World’s Ninth-Largest Bank Paying $658,000,000 Settlement After Failing To Reveal Risk of Mortgages

French banking giant BNP Paribas has reached a $658 million settlement with regulators to compensate customers who were not properly…

January 13, 2024

JPMorgan Chase Warns Massive Tax Hikes May Be Introduced in US As Debt Explodes to $34,006,270,930,685

The US will extract more money from American taxpayers and businesses as the government's liabilities become too much to handle,…

January 12, 2024

$359,320,000,000 Yanked Out of American Banks in One Year, New US Banking Crisis ‘All Too Likely’ in 2024: Ex-IMF Official

An International Monetary Fund (IMF) insider says a new reckoning in the US banking industry is "all too likely." Desmond…

January 6, 2024

JPMorgan Chase Freezes, Eliminates Bank Account Without Warning, Explanation or Redemption: New Accusations

JPMorgan Chase is facing fresh accusations of locking down and terminating a customer's bank account over unfounded concerns of suspicious…

January 6, 2024

$1,000,000,000 in Unclaimed Assets Sitting in Bank Accounts and Owed to Customers in One US State: Report

The amount of unclaimed cash and property unwittingly owned by Americans has surpassed $1 billion in one US state. Stats…

January 5, 2024

US Debt Surges $108,549,817,000 in One Month As Interest Expenses Officially Overtake Defense Spending

The US government is piling debt onto its balance sheet at a blistering pace. The latest data from the Treasury…

January 1, 2024

US Pushing To Confiscate $300,000,000,000 After Freezing Assets Owned by Russia’s Central Bank and Members of the Russian Elite: Report

The US is reportedly pushing G7 nations to confiscate $300 billion in Russian assets that were frozen in response to…

December 30, 2023

Trillion-Dollar Bank Pays $2,950,000 Fine for Lying to Institutional Clients, Overcharging Customers

A banking giant with $1.80 trillion in assets under management is paying a multi-million dollar civil penalty for making false…

December 30, 2023

JPMorgan Chase Issues Economic Alert As 2024 Arrives, Warns Market Declines and Volatility Incoming: Report

Analysts at America's biggest bank are sending a fresh warning to investors as the new year arrives. In a new…

December 30, 2023