Get the scoop on finance - sign up for mobile alerts

bank

Wells Fargo, Morgan Stanley and Bank of America Accused of Cheating Customers Out of Billions of Dollars in Interest Payments: Report

Wells Fargo, Morgan Stanley and Bank of America are among a group of Wall Street banks accused of bilking customers…

August 9, 2024

$7,162,000,000,000 in Uninsured Deposits Brewing in US Bank Accounts As Customers Risk Zero Protection From Federal Government: Report

Americans are holding a whopping $7.162 trillion in uninsured cash in their bank accounts, according to an under-the-radar report from…

August 9, 2024

JPMorgan Chase Sued for $225,000,000 As Dropbox Founder Accuses Lending Giant of Mismanaging Generational Wealth, Charging Millions in Hidden Fees

Dropbox co-founder Arash Ferdowsi just filed a $225 million lawsuit against JPMorgan Chase, accusing the financial giant of mismanaging his…

August 3, 2024

JPMorgan Chase and Wells Fargo Reimburse 4% or Less of All Scams Reported by Customers on Billion-Dollar Payments Network: Report

JPMorgan Chase and Wells Fargo are refusing to reimburse the vast majority of customers who send their money to scammers,…

August 2, 2024

New Bank Scam Boosts Account Balances, Tempts Targets Into Giving Their Money Away: FTC Warning

A new scam is hitting US bank accounts by starting with an unusual target – people's photos on social media.…

August 2, 2024

Billion-Dollar Bank Paying $44,000,000 Fine for Allegedly Freezing Customers’ Accounts, Charging Hidden Fees, Deceiving Customers

A Texas-based bank holding company is agreeing to pay a $44 million fine to the Federal Reserve for a long…

July 29, 2024

$2,393,288 Drained From Customers’ Bank Accounts As Insider Falsifies Records, Transfers Funds to Herself and Family: US Department of Justice

A US banker has admitted to stealing millions of dollars from customers' accounts in a 15 year-long scheme. The U.S.…

July 28, 2024

JPMorgan Chase Issues Warning To Investors As US National Debt Hits $34,997,540,505,103

The US national debt is closing in on $35 trillion, triggering a warning to investors from analysts at JPMorgan Chase.…

July 28, 2024

Federal Reserve Ends Enforcement Action Against Crypto-Friendly Bank Silvergate After Levying $43,000,000 Fine

The Federal Reserve is ending its enforcement action against defunct crypto-friendly bank Silvergate after hitting the firm with a multimillion-dollar…

July 27, 2024

JPMorgan Chase, Bank of America and Wells Fargo Quietly Brace for Customers’ Financial Fallout Amid Increasing Economic Uncertainty

JPMorgan Chase, Bank of America and Wells Fargo are boosting their financial defenses, preparing for customers to increasingly lose the…

July 27, 2024