A JPMorgan Chase customer says the bank has decided not to rectify or even investigate the theft of $10,000 from a primary checking account. Arizona customer Cate Dutler says she mailed a check to a relative in Chicago that never arrived, reports the CBS-affiliated news station WTOC. Instead, her online account showed the check had […]
The post JPMorgan Chase Doing Nothing After $10,000 Exits Customer’s Account in Sophisticated Scam: Report appeared first on The Daily Hodl.
French banking giant BNP Paribas has reached a $658 million settlement with regulators to compensate customers who were not properly informed about risky mortgages. The loans in question were taken out in 2008 and 2009 in Swiss francs, which, especially during times of uncertainty, are often viewed as a safe haven currency. However, since the […]
The post World’s Ninth-Largest Bank Paying $658,000,000 Settlement After Failing To Reveal Risk of Mortgages appeared first on The Daily Hodl.
An International Monetary Fund (IMF) insider says a new reckoning in the US banking industry is “all too likely.” Desmond Lachman, former Deputy Director at the IMF’s Policy Development and Review Department, says he expects 2024 to be a rough year for American banks, the Chinese state-run Xinhua reports. Says Lachman, “It is all too […]
The post $359,320,000,000 Yanked Out of American Banks in One Year, New US Banking Crisis ‘All Too Likely’ in 2024: Ex-IMF Official appeared first on The Daily Hodl.
JPMorgan Chase is facing fresh accusations of locking down and terminating a customer’s bank account over unfounded concerns of suspicious activity. In a new post on the r/Chase Reddit forum, a user says a new Chase bank account has been abruptly shut down without warning or explanation. After getting their account set up, the poster […]
The post JPMorgan Chase Freezes, Eliminates Bank Account Without Warning, Explanation or Redemption: New Accusations appeared first on The Daily Hodl.
The amount of unclaimed cash and property unwittingly owned by Americans has surpassed $1 billion in one US state. Stats from North Carolina’s Treasury Department show residents have a significant pile of essentially free money waiting for them, reports the Charlotte-based NBC-affiliated news station WCNC. The unclaimed assets are hiding in a long list of […]
The post $1,000,000,000 in Unclaimed Assets Sitting in Bank Accounts and Owed to Customers in One US State: Report appeared first on The Daily Hodl.
One of the largest mortgage lenders in the country just suffered a massive security breach that enabled hackers to access the personal information of millions of customers. In a filing with the Office of the Maine Attorney General, the home loan services company Mr. Cooper reveals that bad actors stole sensitive information belonging to 14,690,284 […]
The post US Lender Exposes 14,000,000 Social Security Numbers, Bank Account Numbers and Other Sensitive Information in Massive Data Breach appeared first on The Daily Hodl.
The US is reportedly pushing G7 nations to confiscate $300 billion in Russian assets that were frozen in response to the country’s invasion of Ukraine. America, backed by the UK, Japan and Canada, want to have a proposal on how to take the assets ready in February at the two-year anniversary of the conflict in […]
The post US Pushing To Confiscate $300,000,000,000 After Freezing Assets Owned by Russia’s Central Bank and Members of the Russian Elite: Report appeared first on The Daily Hodl.
A banking giant with $1.80 trillion in assets under management is paying a multi-million dollar civil penalty for making false statements to clients and overcharging customers. In a press release, the Monetary Authority of Singapore (MAS) says it’s hitting Credit Suisse with a $3.9 million SGD ($2.90 million) fine for failing to stop illegal practices […]
The post Trillion-Dollar Bank Pays $2,950,000 Fine for Lying to Clients, Routinely Overcharging Customers appeared first on The Daily Hodl.
Analysts at America’s biggest bank are sending a fresh warning to investors as the new year arrives. In a new note to clients, JPMorgan chief market strategist Marko Kolanovic predicts declining growth and a likely recession will stifle US equities, reports Yahoo! Finance. Kolanovic believes US markets are stuck in a catch-22 situation, and says […]
The post JPMorgan Chase Issues Major Economic Alert As 2024 Arrives, Warns Market Declines and Volatility Incoming: Report appeared first on The Daily Hodl.
JPMorgan Chase is accused of refusing to stand by a customer after a thief launched an alleged $1,500 unauthorized spending spree on Uber. A post shot to the top of the r/Chase community forum on Reddit this week as a woman said someone stole her debit card information and spent about $1,500 in 40 transactions. […]
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