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Financeflux

Wells Fargo Pays $35,000,000 Fine for Allegedly Overcharging Millions of Dollars to Customers

Wells Fargo is dishing out tens of millions of dollars to settle allegations that the banking giant charged its customers…

August 27, 2023

Wave of Accounts Are Being Frozen at Popular US Bank, Triggering ‘Influx of Complaints’: Report

A wave of customer complaints about frozen accounts at a popular US bank has reportedly triggered a review from the…

August 26, 2023

$48,810,000,000 in Deposits Exit US Banks in One Week As Money Market Funds Report Massive Inflows

Billions of dollars are flowing out of the traditional banking system as money market funds witness a wave of inflows.…

August 26, 2023

JPMorgan Chase Won’t Reimburse Customer Who Lost $30,000 in Banking Scheme: Report

A JPMorgan Chase customer who lost $30,000 in a sophisticated banking scam will not be reimbursed by the bank. Milissa…

August 25, 2023

US Debt Jumps $97,000,000,000 in One Week As Finance Expert Says ‘Jaw-Dropping’ Spending Will Fuel Era of Financial Repression

The total outstanding debt owed by the US government is rising at a historic rate. The Treasury's FiscalData platform shows…

August 25, 2023

BRICS Member India Ditches US Dollar, Purchases 1,000,000 Barrels of Oil With Rupees for First Time Ever: Report

BRICS member India has reportedly purchased oil from the United Arab Emirates using its national currency for the first time…

August 25, 2023

Binance Discontinues Mastercard-Backed Crypto Card in Latin America and Middle East As Legal Challenges Mount

The world’s largest crypto exchange is terminating its crypto card services in Latin America and the Middle East. In January,…

August 25, 2023

Crypto Exchange Backed by Fidelity, Citadel Securities and Charles Schwab Set To Use Anchorage Digital As Custodian

A new crypto exchange supported by the world’s biggest financial institutions is tapping into the digital asset management services of…

August 24, 2023

BRICS Crafting Massive Expansion Agreement With Dozens of Countries Looking to Join: Official

The economic coalition of BRICS is nearing an agreement to expand its membership in the face of flooding interest from…

August 21, 2023

A US Bank Is Denying Access To Funds And Freezing Accounts, Leaving Customers in Dire Financial Straits: Report

Customers at a billion-dollar US bank say they have been unable to access their funds for days and weeks at…

August 19, 2023