Get the scoop on finance - sign up for mobile alerts

bank

7,640,112 Customers Hit By Massive Bank Breach – Exposing Names, Social Security Numbers, Locations and Bank Account Numbers

A US bank says more than seven million people are affected by a major hack and data breach that's impacting…

July 27, 2024

JPMorgan Chase and Wells Fargo Offering $300 Cash As Banks’ Battle for New Deposits Intensifies for First Time in Years: Report

Big banks in the US are boosting the amount of cash they're handing to new customers as the fight for…

July 22, 2024

Major US Bank To Pay $135,600,000 Fine Over Perpetual Problems With Risk Management, Compliance, Data and Internal Controls

US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank's…

July 21, 2024

Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt

Bank of America, Citigroup and Goldman Sachs are reporting $4.139 billion in losses as lenders write off mounting debts that…

July 20, 2024

$47,646 Drained From Customers’ Accounts at Wells Fargo As Rogue Executive Mounts Year-Long Campaign To Steal Cash: US Bank Regulator

A Wells Fargo executive has been ordered to leave the banking industry after draining tens of thousands of dollars from…

July 20, 2024

Investors Move $2,450,000,000,000 in Push for Easy Money As Wells Fargo, Bank of America and Citi Fight To Defend Their Deposit Base: Report

Americans are increasingly moving their hard-earned cash into higher-yielding financial products as US banks battle to stop deposit flight. People…

July 20, 2024

JPMorgan Chase, Bank of America and Wells Fargo Customers Report Cascade of Failures As Banks Hammered by Massive Computer Outage

US banks are scrambling to recover from a massive computer outage that's disrupting financial transactions around the world. Customers at…

July 19, 2024

Billion-Dollar Bank To Pay $20,000,000 Fine After Hitting Customers With ‘Illegal, Worthless Fees’ and Illegally Triggering Asset Seizures: CFPB

The Consumer Financial Protection Bureau (CFPB) is penalizing a US bank for predatory loan practices and illegal repossession of people's…

July 14, 2024

$40,000 Drained From JPMorgan Chase Account by Malicious ‘Ghost’ As Bank Rejects Customer’s Plea for Reimbursement: Report

A JPMorgan Chase customer says he's struggled to pick up the pieces after a mysterious malicious actor drained $40,000 from…

July 13, 2024