US banks

jpmorgan-chase-to-sell-financial-data-of-80,000,000-clients-as-trillion-dollar-bank-launches-media-platform
Posted by | April 13, 2024
JPMorgan Chase To Sell Financial Data of 80,000,000 Clients As Trillion-Dollar Bank Launches Media Platform

JPMorgan Chase is launching a new business that will allow marketers and advertisers to target customers based on their spending data. To do that, the banking giant will be providing...

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jpmorgan-chase-ceo-warns-inflation,-terrible-wars-and-violence-are-‘significant-uncertain-forces’ in-new-outlook
Posted by | April 12, 2024
JPMorgan Chase CEO Warns Inflation, Terrible Wars and Violence Are ‘Significant Uncertain Forces’ in New Outlook

The head of the largest bank in the US says he’s concerned about “significant uncertain forces” brewing on the global stage. In the firm’s first-quarter earnings results, JPMorgan CEO Jamie...

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us-banks-and-wall-street-giants-buy-bitcoin-etfs,-sec-filings-reveal
Posted by | April 12, 2024
US Banks And Wall Street Giants Buy Bitcoin ETFs, SEC Filings Reveal

Recent SEC filings under the Form 13F have disclosed that several major Wall Street firms and US banks have started purchasing Bitcoin ETFs. These revelations underscore a growing institutional interest...

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us.-bank-and-oppenheimer-paying-$7,000,000-fine,-admit-to-using-unofficial-communications-channels-in-federal-crackdown
Posted by | March 29, 2024
U.S. Bank and Oppenheimer Paying $7,000,000 Fine, Admit To Using Unofficial Communications Channels in Federal Crackdown

U.S. Bank and Oppenheimer & Co will pay a total of $7 million to the Commodity Futures Trading Commission (CFTC) in a federal crackdown on off-channel communications and improper record...

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billion-dollar-bank-abruptly-freezes-woman’s-account-and-refuses-to-return-funds,-forcing-her-to-rely-on-family-and-friends-for-survival:-report
Posted by | March 22, 2024
Billion-Dollar Bank Abruptly Freezes Woman’s Account and Refuses To Return Funds, Forcing Her To Rely on Family and Friends for Survival: Report

An Atlanta woman says a popular US bank abruptly froze her account and refused to let her cash out, leaving her to fend for herself. Shelley Camp says Green Dot...

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jpmorgan-chase-paying-$348,200,000-penalty,-issued-cease-and-desist-order-over-‘unsafe-or-unsound’-banking-practices
Posted by | March 17, 2024
JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices

The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with a $348.20 million fine in a coordinated enforcement action. Both...

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jpmorgan-chase-refuses-to-reimburse-customer-after-$7,900-drained-from-bank-account-in-brutal-three-day-hack:-report
Posted by | March 16, 2024
JPMorgan Chase Refuses To Reimburse Customer After $7,900 Drained From Bank Account in Brutal Three-Day Hack: Report

JPMorgan Chase reportedly refuses to reimburse a customer who says she warned the bank of suspicious activity – and then watched scammers drain her account over the course of three...

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bank-of-america-allegedly-takes-$3,600,000-treasure-trove-from-customer,-refuses-to-return-millions-in-assets:-new-lawsuit
Posted by | March 16, 2024
Bank of America Allegedly Takes $3,600,000 Treasure Trove From Customer, Refuses To Return Millions in Assets: New Lawsuit

A new lawsuit accuses Bank of America of abruptly seizing and refusing to return millions of dollars in assets that belong to a customer. The complaint alleges BofA cracked open...

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$4,165,000,000-in-deposit-flight-hits-new-york-bank-as-federal-reserve-chair-jerome-powell-warns-more-lenders-will-collapse
Posted by | March 15, 2024
$4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse

A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed Chair Jerome Powell. New York Community Bank’s (NYCB) new earnings...

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troubled-new-york-bank-receiving-$1,000,000,000-liquidity-injection-in-push-to-save-ailing-lender
Posted by | March 6, 2024
Troubled New York Bank Receiving $1,000,000,000 Liquidity Injection in Push to Save Ailing Lender

An ailing New York bank just announced an injection of $1 billion in capital in a push to stay afloat. New York Community Bank says the infusion was led by...

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