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Fintech

Wells Fargo Handing Out $85,000,000 After Bank Allegedly Triggers Investor Losses With ‘Materially False and Misleading Statements’

Wells Fargo has agreed to pay tens of millions of dollars to settle a lawsuit accusing the bank of violating…

December 6, 2025

Morgan Stanley Ordered To Pay $117,400,000 Fine for Dividend Tax Evasion Scandal

Dutch authorities are issuing a financial penalty against Morgan Stanley after concluding a long-running investigation into the bank’s handling of…

December 4, 2025

Coinbase CEO Brian Armstrong Says Big Banks Battling Crypto Will Be ‘Left Behind’: Report

Coinbase chief executive Brian Armstrong says major US banks risk falling behind as the country’s regulatory and political environment shifts…

December 4, 2025

Major US Bank Recommends Wealthy Clients Consider Buying Exposure to Bitcoin and Crypto: Report

One of America's biggest banks is now recommending crypto asset exposure to clients who can stomach volatility. Bank of America's…

December 3, 2025

Major Bank Hit With Lawsuit After Allegedly Terminating Accounts, Firing Employees of One Ethnic Minority

A new lawsuit accuses a major bank of targeting, firing and ultimately blacklisting Chinese and Chinese American employees and customers…

November 30, 2025

US Banks’ Unrealized Losses Now at $337,100,000,000 As Number of Lenders on ‘Problem Bank List’ Dips

The combined unrealized losses sitting on the books of US banks “remain elevated” despite recording a quarter-on-quarter decline, according to…

November 29, 2025

U.S. Bank Joins Stablecoin Race With New Test On Stellar (XLM) Blockchain: Report

America's fifth-largest bank is exploring the use of stablecoins. U.S. Bancorp, doing business as U.S. Bank, is experimenting with its…

November 27, 2025

Trillion-Dollar Bank Handing $33,000,000 To Customers After Lawsuit Accuses Lender of Knowingly Assisting Alleged Fraudsters

One of the biggest banks in the US has agreed to pay $33 million to resolve a class action lawsuit…

November 22, 2025

JPMorgan Chase Warns Fed Independence May Erode As US Government Attempts to ‘Inflate Debt Away’: Report

America's biggest bank just issued a warning on the future of the Federal Reserve. In a new report, JPMorgan Private…

November 19, 2025

Trump Organization Prepares To Launch Tokenized Real Estate Investment Project

The Trump Organization says it's preparing to tokenize a new hotel development project in the Maldives. The collaboration with DAR…

November 18, 2025