bank

1 min read

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

9 months ago bitnews

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

1 min read

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

9 months ago bitnews

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

1 min read

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

9 months ago bitnews

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

1 min read

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

9 months ago bitnews

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

1 min read

40 Banks Shut Down in Sudden ‘Vanishing Act’ – Absorbed Into Larger Lenders As Economy Teeters in China: Report

10 months ago bitnews

Banks are collapsing at an unprecedented rate in China due to a major downturn in the country’s property market, poor...

1 min read

South Korea: Woori Bank Employee Charged With Embezzling Company Funds to Buy Crypto

10 months ago bitnews

h Korean prosecutors have charged an employee of the bank Woori with embezzlement-related offenses after he admitted stealing company money...

1 min read

Bank Executive Steals $250,000 From Customers, Directly Accessing Bank Accounts To Fund His Lifestyle: US Department of Justice

10 months ago bitnews

The U.S. Department of Justice says a former bank manager has admitted to stealing over a quarter million dollars from...

1 min read

Wells Fargo Illegally Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court

10 months ago bitnews

Wells Fargo is facing a new proposed class-action lawsuit, accused of breaking the law by forcing customers to accept responsibility...

1 min read

Millions of Americans’ Personal Data Allegedly Exposed As Notorious Hacker Hits Bank, Steals Sensitive Info From Multiple Financial Firms

10 months ago bitnews

A notorious hacker has successfully breached a major US bank, stealing sensitive customer information from a long list of financial...

1 min read

JPMorgan Chase Warns 86,000,000 Customers Poised To Pay for Bank Accounts in Massive Overhaul, Elimination of Free Services

10 months ago bitnews

JPMorgan Chase just issued a major warning to its 86 million customers. The banking giant says a list of new...