U.S. banks

1 min read

JPMorgan Chase and Wells Fargo Reimburse 4% or Less of All Scams Reported by Customers on Billion-Dollar Payments Network: Report

9 months ago bitnews

JPMorgan Chase and Wells Fargo are refusing to reimburse the vast majority of customers who send their money to scammers,...

1 min read

New Bank Scam Boosts Account Balances, Tempts Targets Into Giving Their Money Away: FTC Warning

9 months ago bitnews

A new scam is hitting US bank accounts by starting with an unusual target – people’s photos on social media....

1 min read

JPMorgan Chase Issues Warning To Investors As US National Debt Hits $34,997,540,505,103

9 months ago bitnews

The US national debt is closing in on $35 trillion, triggering a warning to investors from analysts at JPMorgan Chase....

1 min read

JPMorgan Chase and Wells Fargo Offering $300 Cash As Banks’ Battle for New Deposits Intensifies for First Time in Years: Report

9 months ago bitnews

Big banks in the US are boosting the amount of cash they’re handing to new customers as the fight for...

1 min read

Major US Bank To Pay $135,600,000 Fine Over Perpetual Problems With Risk Management, Compliance, Data and Internal Controls

9 months ago bitnews

US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank’s...

1 min read

JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal

9 months ago bitnews

A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game...

1 min read

Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt

9 months ago bitnews

Bank of America, Citigroup and Goldman Sachs are reporting $4.139 billion in losses as lenders write off mounting debts that...

1 min read

Wells Fargo Executive Allegedly Drains $47,646 From Customers’ Accounts, Hiding Illicit Transactions in Year-Long Campaign To Steal Cash: US Bank Regulator

9 months ago bitnews

A Wells Fargo executive has been ordered to leave the banking industry after draining tens of thousands of dollars from...

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...