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Banking Giant Societe Generale Says It Has Issued First ‘Digital Green Bond’ on Ethereum (ETH) Network

The Daily Hodl
Banking Giant Societe Generale Says It Has Issued First ‘Digital Green Bond’ on Ethereum (ETH) Network
bank
Banking Giant Societe Generale Says It Has Issued First ‘Digital Green Bond’ on Ethereum (ETH) Network

One of the largest banks in France says it has issued the first-ever digital green bond as a security token on the Ethereum (ETH) blockchain. In a new press release, banking giant Societe Generale says it has issued the eco-friendly bond to increase transparency and traceability surrounding ESG (Environmental, Social, and Governance) data. “This transaction […]

The post Banking Giant Societe Generale Says It Has Issued First ‘Digital Green Bond’ on Ethereum (ETH) Network appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

$397,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows

The Daily Hodl
7,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows
bank
7,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows

Hundreds of billions of dollars in deposits have exited US banks this year as consumers and institutions flock to money market funds to take advantage of the high interest rate environment. New data from the Federal Reserve Economic Data (FRED) system shows deposits in all US commercial banks plunged from $17.736 trillion at the start […]

The post $397,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

Unauthorized Withdrawals Hit Customers at Major US Bank – Here’s What’s Triggering the Transactions

The Daily Hodl
Unauthorized Withdrawals Hit Customers at Major US Bank – Here’s What’s Triggering the Transactions
bank
Unauthorized Withdrawals Hit Customers at Major US Bank – Here’s What’s Triggering the Transactions

Customers at one of the largest banks in the US say money is mysteriously exiting their account for no apparent reason. People who bank with PNC are noticing unauthorized charges and should check their balances, reports the NBC-affiliated news station WPXI. Tom Rubritz is one of the first people to realize something is wrong with […]

The post Unauthorized Withdrawals Hit Customers at Major US Bank – Here’s What’s Triggering the Transactions appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

US Government Prints 756,096,000 $50 Bills As Americans Begin Hoarding Physical Cash: Report

The Daily Hodl
US Government Prints 756,096,000 Bills As Americans Begin Hoarding Physical Cash: Report
bank
US Government Prints 756,096,000 Bills As Americans Begin Hoarding Physical Cash: Report

The Federal Reserve Bank is printing a record number of $50 bills as Americans feel the urge to hold physical cash. The Bureau of Engraving and Printing, the agency in charge of money printing operations in the US, created 756.09 million new $50 bills in 2022, reports CNN. The pile of fresh cash is worth […]

The post US Government Prints 756,096,000 $50 Bills As Americans Begin Hoarding Physical Cash: Report appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

JPMorgan Chase Accused of Terminating $200,000 Account Without Warning, Forcing Customer to Fly 2,400 Miles for Support: Report

The Daily Hodl
JPMorgan Chase Accused of Terminating 0,000 Account Without Warning, Forcing Customer to Fly 2,400 Miles for Support: Report
bank
JPMorgan Chase Accused of Terminating 0,000 Account Without Warning, Forcing Customer to Fly 2,400 Miles for Support: Report

A loyal JPMorgan Chase customer has reportedly had his life turned upside down after discovering his account was abruptly terminated without notice. The customer, who lives in Hawaii, says he opened his Chase account two decades ago and was shocked to learn $200,000 was suddenly inaccessible, reports the US Sun. According to the customer, Chase […]

The post JPMorgan Chase Accused of Terminating $200,000 Account Without Warning, Forcing Customer to Fly 2,400 Miles for Support: Report appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

Wells Fargo Refuses to Reimburse Customer After $14,000 Exits Account, Immediately Spent on a Mercedes Benz: Report

The Daily Hodl
Wells Fargo Refuses to Reimburse Customer After ,000 Exits Account, Immediately Spent on a Mercedes Benz: Report
bank
Wells Fargo Refuses to Reimburse Customer After ,000 Exits Account, Immediately Spent on a Mercedes Benz: Report

A family in Atlanta says thousands of dollars in their Wells Fargo account has vanished – and the banking giant says reimbursement is not happening. The Pischke family lost about $14,000 after receiving an alert from Wells Fargo that their account was flashing suspicious activity, reports the ABC-affiliated news station WSB-TV. The account’s transaction history […]

The post Wells Fargo Refuses to Reimburse Customer After $14,000 Exits Account, Immediately Spent on a Mercedes Benz: Report appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

US Bank Accused of Abruptly Freezing Customer’s Account, Declaring Him Dead After Receiving Fake Phone Calls

The Daily Hodl
US Bank Accused of Abruptly Freezing Customer’s Account, Declaring Him Dead After Receiving Fake Phone Calls
bank
US Bank Accused of Abruptly Freezing Customer’s Account, Declaring Him Dead After Receiving Fake Phone Calls

One of the largest banks in the US is accused of shutting down a customer’s account after receiving a couple of fake phone calls about his demise. A California crane operator who goes by the name as Crane Daddy on TikTok posted a video stating US Bank abruptly froze his account and sent a check […]

The post US Bank Accused of Abruptly Freezing Customer’s Account, Declaring Him Dead After Receiving Fake Phone Calls appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

Billion-Dollar Bank’s ATM Glitch Triggers Mad Rush for Cash As Machine Spits Out Double the Requested Amount

The Daily Hodl
Billion-Dollar Bank’s ATM Glitch Triggers Mad Rush for Cash As Machine Spits Out Double the Requested Amount
bank
Billion-Dollar Bank’s ATM Glitch Triggers Mad Rush for Cash As Machine Spits Out Double the Requested Amount

An ATM owned by a multi-billion dollar bank in London was reportedly swarmed by customers after dishing out more cash than requested. Customers at NatWest bank abruptly rushed to the lender’s ATM in East Ham, East London after a video circulated online showing the machine was malfunctioning, reports Metro. People lined up as news spread […]

The post Billion-Dollar Bank’s ATM Glitch Triggers Mad Rush for Cash As Machine Spits Out Double the Requested Amount appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

JPMorgan Chase Accused of Severely Damaging Multi-Million Dollar Business, Blocking Transactions and Triggering Mass Account Terminations: $600,000,000 Defamation Lawsuit

The Daily Hodl
JPMorgan Chase Accused of Severely Damaging Multi-Million Dollar Business, Blocking Transactions and Triggering Mass Account Terminations: 0,000,000 Defamation Lawsuit
bank
JPMorgan Chase Accused of Severely Damaging Multi-Million Dollar Business, Blocking Transactions and Triggering Mass Account Terminations: 0,000,000 Defamation Lawsuit

The world’s largest bank is facing a $600 million defamation lawsuit for allegedly spreading misinformation, blocking transactions and severely damaging the reputation of a multi-million dollar business. Sinai Holdings, a Florida-based medical services company, claims the bank erroneously placed the company and its owner Jacob Gitman on a list of individuals and entities to be […]

The post JPMorgan Chase Accused of Severely Damaging Multi-Million Dollar Business, Blocking Transactions and Triggering Mass Account Terminations: $600,000,000 Defamation Lawsuit appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks

The Daily Hodl
JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks
bank
JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks

Three US banking giants have just had their ratings downgraded to “negative” by Moody’s. Moody’s Investor Service downgraded JPMorgan Chase, Wells Fargo and Bank of America to negative ratings after previously classifying them as stable, MarketWatch reports. Analyst Peter E. Nerby of Moody’s said that the worsening outlook on bank debt was due to “the […]

The post JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks appeared first on The Daily Hodl.

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G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

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