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Banking Glitch Turns Teen Into Overnight Millionaire After $10,900 Deposit Transforms Into $10,900,000

British bank Nationwide accidentally made one of its customers an overnight multimillionaire after abruptly adding about $10.9 million into his…

September 24, 2023

Bank Refuses To Reimburse $32,000 Stolen From Grandma With Terminal Illness in Text Message Scam: Report

A grandmother with a terminal illness says an Australia-based bank should have been able to stop a scam as it…

September 23, 2023

Billion-Dollar Bank Terminating Cash Transactions in All Branches in Abrupt Shift to Digital-Only Era

A bank with more than $250 billion in total assets says it will soon terminate cash transactions in all of…

September 22, 2023

$120,000 Vanishes From Woman’s Bank Account, Banking Giant Says Account Will Be Terminated: Report

A woman in Arizona says her life savings of $120,000 has disappeared from her bank account – and her bank…

September 16, 2023

Wells Fargo Allegedly Freezes Bank Account After $207,765 Deposit, Seizing Customer’s Funds Without Adequate Explanation: New Lawsuit

A new lawsuit alleges Wells Fargo seized a customer's funds and shut down his bank account over a legitimate $207,765…

September 15, 2023

JPMorgan Chase, Goldman Sachs, UBS and Morgan Stanley Agree To Pay $499,000,000 Over Anti-Competitive Accusations

Four banking giants are preparing to pay nearly half a billion dollars to settle a class action lawsuit brought against…

September 10, 2023

Financial Fraud Victim Says Bank Is Charging Interest on Thousands of Dollars Stolen From Account

A victim of a sophisticated banking scam says his bank is now charging interest on a line of credit that…

September 9, 2023

$73,000,000,000,000 Wealth Transfer Incoming – Here’s Who Will Gain the Most, According to Billionaire Ray Dalio

Billionaire investor Ray Dalio believes a historically massive transfer of wealth has been quietly boosted by central banks around the…

September 8, 2023

Billion-Dollar Bank Says It May Freeze, Terminate Accounts Sending ‘Unacceptable’ Transactions – Here’s What It Means

One of the largest banks in Australia says it may freeze and terminate customer accounts that engage in certain types…

September 2, 2023

A US Bank Says Sensitive Customer Data Has Been Compromised in Global Cybersecurity Breach

A New York-based bank says a global cybersecurity incident has exposed sensitive customer data. In a letter to customers, M&T…

September 1, 2023