bank

1 min read

BNY Mellon targets crypto ETF custody post-SAB 121 review

10 months ago bitnews

Following an exemption from an SEC staff accounting bulletin, BNY Mellon edged closer to Bitcoin and Ethereum custody. Bloomberg reported...

1 min read

Billion-Dollar Bank Paying $27,760,000 Fine for Allegedly Placing Customers’ Access To Employment, Housing and Credit at Risk

10 months ago bitnews

The Consumer Financial Protection Bureau (CFPB) is accusing TD Bank of repeatedly placing its customers’ ability to access employment, housing...

1 min read

JPMorgan Chase Allows 35 Strangers To Access Customer’s Credit Card in Financial ‘Fiasco’: Report

10 months ago bitnews

A JPMorgan Chase customer is looking for answers after the bank abruptly allowed 35 unauthorized users to access her credit...

1 min read

$14,000,000 Handout for Bank of America Customers Incoming After Lender Accused of Intentional Charging Hidden Fees, Violating Account Agreements

10 months ago bitnews

Bank of America is preparing to hand $14 million to customers in a settlement over alleged hidden fees. The settlement...

1 min read

Germany’s Commerzbank and DZ Bank To Offer Bitcoin and Crypto Trading

10 months ago bitnews

Germany's two large banks, Commerzbank and DZ Bank, are launching Bitcoin and crypto trading services amid growing demand.Source: Bitcoin Magazine

1 min read

Singaporean Bank Leads Asia With First Of Its Kind Crypto Options

10 months ago bitnews

By being the first Asian bank providing over-the-counter (OTC) crypto options and structured notes, Singapore’s DBS Bank is creating waves...

1 min read

JPMorgan Chase’s Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is ‘Outrageous,’ Say US Senators in Blistering Response to Banking Giant

11 months ago bitnews

JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus...

1 min read

Wells Fargo, Morgan Stanley and Bank of America Accused of Cheating Customers Out of Billions of Dollars in Interest Payments: Report

11 months ago bitnews

Wells Fargo, Morgan Stanley and Bank of America are among a group of Wall Street banks accused of bilking customers...

1 min read

$7,162,000,000,000 in Uninsured Deposits Brewing in US Bank Accounts As Customers Risk Zero Protection From Federal Government: Report

11 months ago bitnews

Americans are holding a whopping $7.162 trillion in uninsured cash in their bank accounts, according to an under-the-radar report from...

1 min read

Crypto sell-off: Massive trading volumes seen in Bitcoin ETFs

12 months ago bitnews

Crypto has been in turmoil over the weekend, but trading volumes in Bitcoin ETFs are hitting unprecedented levels, and despite...