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JPMorgan Chase CEO Warns Inflation, Terrible Wars and Violence Are ‘Significant Uncertain Forces’ in New Outlook

The head of the largest bank in the US says he's concerned about "significant uncertain forces" brewing on the global…

April 12, 2024

Billion-Dollar Bank Accused of Charging ‘Crippling’ Overdraft Fees As Customers Launch $5,000,000 Lawsuit: Report

A billion-dollar bank in the US is reportedly facing a potential class-action lawsuit for the second time in about three…

April 12, 2024

S&P Global Downgrades Five US Banks, Warns Lenders Hold Billions of Dollars in Loans That May Face ‘Material Deterioration’

Standard & Poors (S&P) just downgraded five more regional banks as pain in the sector continues to spread. In a…

April 6, 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

$4,500 Drained From JPMorgan Chase Account in Matter of Hours – Now the Bank Blames Its Own Customer and Refuses To Reimburse: Report

A 70-year-old woman says JPMorgan Chase isn't taking responsibility after her account was gutted by cyber thieves. Houston resident Jodene…

April 6, 2024

JPMorgan Chase Executive Steals $2,400,000 From Customers, Admits To Taking Cash from 74-Year Old Wheelchair-Bound Client

An ex-JPMorgan Chase executive has admitted to stealing $2.4 million from the banks' clients, new court documents show. In a…

March 30, 2024

Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report

A state-owned bank is clawing back millions of dollars from customers after a "routine system update" allowed people to take…

March 29, 2024

282 US Banks Suffer ‘Toxic Combo’ That Could Trigger Collapse, With $900,000,000,000 in Total Assets at Stake: Report

A total of 282 US banks with $900 billion in total assets are suffering from a "toxic combo" that could…

March 24, 2024

Billion-Dollar Bank Abruptly Freezes Woman’s Account and Refuses To Return Funds, Forcing Her To Rely on Family and Friends for Survival: Report

An Atlanta woman says a popular US bank abruptly froze her account and refused to let her cash out, leaving…

March 22, 2024

JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices

The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with…

March 17, 2024