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$45,678 Drained From Wells Fargo Account in Single Transaction – Now the Bank Says a Refund Is Not Happening

A Wells Fargo customer is suing the banking giant after the lender refused to refund tens of thousands of dollars…

June 23, 2024

US Banking Giant Accused of Refusing To Reimburse Customers, Denying Millions of Dollars in Fraud Claims ‘Without Any Explanation Whatsoever’

A new class-action lawsuit accuses one of the largest banks in the US of failing to properly investigate and handle…

June 22, 2024

JPMorgan Chase, Bank of America and Citibank Flagged for Holding Trillions of Dollars in Derivatives Without Proper Contingency Plans: Report

US regulators are flagging JPMorgan Chase, Bank of America, Citibank and Goldman Sachs over the banks' contingency plans for trillions…

June 22, 2024

$63,000,000,000 in US Treasuries and European Bonds To Be Liquidated As Unrealized Losses Hammer Major Bank in Japan

A banking giant in Japan has announced a plan to liquidate $63 billion in US and European treasuries in an…

June 21, 2024

$526,714,000,000 Bank Reveals Data Breach As Hacker Claims Personal Information of 65,000 Account Holders For Sale: Report

One of the largest banks in the US says it has suffered a security breach as a notorious hacker claims…

June 15, 2024

JPMorgan Chase Accused of Leaking Customers’ Personal Information and Social Security Numbers in Secret Facebook Transmissions: Class-Action Lawsuit

A new proposed class-action lawsuit accuses JPMorgan Chase of illegally sending sensitive personal information on its own customers directly to…

June 15, 2024

US Government Seizes $5,254,133 in JPMorgan Chase Bank Accounts, Alleges Funds Stolen in Sophisticated Scheme

The US Government has seized $5.25 million in six bank accounts at JPMorgan Chase, alleging the funds are the proceeds…

June 14, 2024

$24,315 Drained From Customers’ Bank Accounts After Employee at Major US Lender Goes Rogue: FDIC Report

The Federal Deposit Insurance Corporation (FDIC) says a former US bank employee has admitted to stealing thousands of dollars from…

June 13, 2024

JPMorgan Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 in One Year To ‘Dirty Little Secret Called Zelle’: Senate Committee Chairman

JPMorgan Chase, Bank of America and Wells Fargo are failing to protect customers from hundreds of millions of dollars in…

June 8, 2024

Wells Fargo Employee Sells Customers’ Personal Information, Triggering $688,000 in Fraudulent Transactions: US Banking Regulator

A US regulator is banning a former Wells Fargo employee from the banking industry after she allegedly sold private customer…

June 7, 2024