US Bank

1 min read

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

11 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

11 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

11 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

11 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

11 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

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

11 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

11 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

11 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

11 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

JPMorgan Chase, Wells Fargo Suffer $3,500,000,000 in Losses As US Banks Report Massive Surge in Bad Debt

11 months ago bitnews

Two of the largest banks in the US are declaring a loss on a staggering $3.5 billion in debts that...