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Fintech

$1,100,000,000,000 Pours Into US Banks Amid High Interest Rates As JPMorgan Chase, Bank of America Pay Pittance To Depositors: Report

US banks have reportedly raked in more than $1 trillion after two and a half years of the Fed's "higher…

September 28, 2024

$2,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and Other ‘Too Big To Fail’ Banks: Report

JPMorgan Chase, Wells Fargo, Bank of America and other systemically important US banks are now financing $2.423 trillion in leveraged…

September 27, 2024

JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

US banks are increasingly offloading billions of dollars in bad debt that they've officially given up on collecting, according to…

September 20, 2024

$14,000,000 Handout To Bank of America Customers Incoming After Lender Accused of Intentional Charging Hidden Fees, Violating Account Agreements

Bank of America is preparing to hand $14 million to customers in a settlement over alleged hidden fees. The settlement…

September 20, 2024

Fake $100 Bills Spew From Bank’s ATM As Customers Receive Paper Marked For ‘Motion Picture Purposes’: Report

Customers at a billion-dollar bank say they're shocked after a worthless trip to the ATM. More than a dozen people…

September 14, 2024

$197,500,000 To Be Handed To Customers at JPMorgan Chase, Wells Fargo, Bank of America and Other US Lenders in Massive Visa and Mastercard Settlement

Visa and Mastercard are preparing to pay a massive settlement to US bank customers over controversial ATM fees. The settlement…

September 13, 2024

Tether, TRON and TRM Labs Form New ‘Crime Unit’ To Combat Illicit Use of USDT

Three major players in the crypto space are teaming up to prevent the improper use of USDT, the largest stablecoin…

September 10, 2024

Billion-Dollar Bank Accused of Secretly Sending Customers’ Personal and Financial Information to Facebook, Google and Microsoft

The eighth-largest bank in the US by total assets is accused of secretly collecting personal and financial information from its…

September 8, 2024

$6,440,000,000,000 Piled Into Money Market Funds As Bank of America Warns Rate Cuts Won’t Fuel Rotation To Stocks

The amount of capital invested in money market funds has surged to a record level with a potential Fed rate…

September 1, 2024

JPMorgan Chase, Bank of America and Wells Fargo Allegedly Reap Billions of Dollars on Backs of Misled Customers As Lawsuits Hit Multiple Financial Giants

A growing number of US banks are accused of routinely misleading customers in a push to pocket billions of dollars.…

August 31, 2024