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Fintech

VanEck Launches New $30,000,000 Venture Fund Focused on Crypto and Artificial Intelligence

Investment management giant VanEck is launching a new multimillion-dollar venture fund focused on crypto and artificial intelligence (AI). In a…

October 9, 2024

US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report

The biggest banks in the US are preparing to report a third quarter marked by shrinking margins and declining profits,…

October 9, 2024

JPMorgan Chase, Bank of America and Five Wall Street Giants Forecast Relentless Rally for One Asset in 2025: Report

Seven Wall Street giants including JPMorgan Chase and Bank of America believe one asset is primed to rally in the…

October 4, 2024

Bank of America Confirms Massive Outage and $0.00 Account Balances As JPMorgan Chase, Wells Fargo Customers Report Digital Banking Disruptions

Bank of America customers are reporting massive issues with online and mobile banking. The site monitoring service Downdetector shows tens…

October 2, 2024

Goldman Sachs Forecasts Weaker Dollar As Fed Begins Interest Rate Reversal: Report

Banking giant Goldman Sachs is forecasting a weaker US dollar following the interest rate reversal from the Federal Reserve. In…

September 29, 2024

$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