Get the scoop on finance - sign up for mobile alerts

bank of america

JPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As ‘Unrecoverable Debt’ Soars: Report

The two largest banks in the US are declaring a loss on $4.5 billion in debts that customers are unable…

April 27, 2024

15 Attorneys General Demand Answers From Bank of America, Alleging Lender Shutters Accounts Over Customers’ Religious and Political Views

15 state attorneys general are demanding to know whether Bank of America is closing accounts over customers' religious and political…

April 21, 2024

$21,000 Drained From Bank of America Account As Customer Blasts Industry’s Push To Protect Trillions of Dollars

A Bank of America customer says he lost tens of thousands of dollars after bad actors found a way to…

April 20, 2024

$2,000,000 Stolen From Bank of America Account in Devastating Scam, Triggering Lawsuit for Alleged Negligence, Breach of Contract and Violation of Federal Law: Report

An elderly woman who lost millions of dollars to scammers is hitting Bank of America (BofA) with a lawsuit over…

April 6, 2024

JPMorgan Chase, Bank of America and Six Financial Giants Pay $70,000,000 Settlement Over Allegations of ‘Widespread Fraud and Collusion’

Eight financial giants are shelling out tens of millions of dollars to settle a decade-long whistleblower lawsuit. JPMorgan Chase, Bank…

March 23, 2024

Bank of America Allegedly Takes $3,600,000 Treasure Trove From Customer, Refuses To Return Millions in Assets: New Lawsuit

A new lawsuit accuses Bank of America of abruptly seizing and refusing to return millions of dollars in assets that…

March 16, 2024

Customer Threatens to Sue Bank of America After Tens of Thousands of Dollars Vanishes Without Trace: Report

A Bank of America customer is considering whether to sue after the lender allegedly lost a certificate of deposit (CD)…

February 24, 2024

Bank of America Suffers Massive Data Breach, Exposing Social Security Numbers, Addresses and Additional Sensitive Data To Hackers

Tens of thousands of Bank of America customers are now at risk of being targeted for identity fraud after a…

February 17, 2024

$17,000 Stolen From Bank of America Account in ‘Stunning’ Phone Hack – Why Two-Factor Authentication ‘Hijacked Everything’

A Bank of America customer says she's stunned after losing control of her phone and watching $17,000 disappear from her…

January 26, 2024

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