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Wells Fargo Accused of Overcharging Tens of Thousands of Customers, Offering ‘Illusory and Wholly Inadequate’ Compensation for Damages

A Wells Fargo customer is accusing the third-largest US bank of overcharging consumers in a new proposed class-action lawsuit. The…

August 25, 2024

US Banks Paying $470,000,000 To Regulators Over Widespread Recordkeeping Failures and ‘Off-Channel’ Communication Methods

More than two dozen Wall Street firms including Bank of New York Mellon and Truist have agreed to pay a…

August 25, 2024

10,953 Customers at Two US Banks Receive Data Breach Alerts As Lenders Warn Extremely Sensitive Information at Risk

Two US banks are issuing alerts to customers informing them that their personally identifying data has potentially been compromised. According…

August 23, 2024

472,000 JPMorgan Chase Customers Can’t Pay $400 ‘Expense Shock’ by Any Possible Means – Including Credit Cards: Report

A new report from JPMorgan Chase is shedding light on how many Americans can afford to pay for an emergency.…

August 23, 2024

JPMorgan Employee Allegedly Steals Account Data, Social Security Numbers and Other Sensitive Information on Over 200 Customers: FINRA

A former JPMorgan employee is in the cross hairs of the Financial Industry Regulatory Authority (FINRA) over alleged regulatory violations.…

August 17, 2024

Billion-Dollar Bank Abruptly Terminates ‘Human Barbie Doll’ Jessica Alves’ Account Because She’s on OnlyFans: Report

Model and self-proclaimed "human barbie doll" Jessica Alves says her bank account has been terminated because she's on OnlyFans. Alves…

August 17, 2024

94 US Banks at ‘Serious Risk’ of Bank Runs, Including BNY, State Street, JPMorgan Chase and Citi: Report

A total of 94 US banks are at significant risk of experiencing bank runs by uninsured depositors if they show…

August 17, 2024

JPMorgan Chase Raises Probability of Imminent US and Global Recession, Abruptly Shifts Forecast on Fed Rate Cuts

JPMorgan Chase is updating its economic outlook amid increasing market turbulence and growing fears of an impending recession. The bank's…

August 16, 2024

‘Foreign Cyberattack’ Hits US City As Local Police Claim Bank Accounts Have Been Hacked: Report

A foreign cyberattack has reportedly hit the city of Columbus, Ohio. The attack has disrupted various city servers and appears…

August 13, 2024

JPMorgan Chase’s Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is ‘Outrageous,’ Say US Senators in Blistering Response to Banking Giant

JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus…

August 9, 2024