America’s biggest bank is being sued for allegedly terminating several accounts and failing to ensure more than a million dollars was returned to its rightful owners. Rui Wang and Hengchen Qu, mother and son, have reportedly filed a lawsuit against JPMorgan Chase Bank for alleged unjust enrichment and breach of contract related to certificates of […]
The post JPMorgan Chase Sued for Allegedly Terminating Accounts, Failing to Return $1,160,000: Report appeared first on The Daily Hodl.
Three of America’s biggest banks just watched $84.5 billion worth of deposits disappear in a single quarter. JPMorgan Chase, Wells Fargo and Citi all recorded an outflow of deposits in Q3, according to each bank’s most recent reports. JPMorgan Chase’s new Q3 earnings report details a $31 billion decrease in deposits from $2.387 trillion to […]
The post $84,500,000,000 Exits JPMorgan Chase, Wells Fargo and Citigroup in Three Months As Depositors Take Flight appeared first on The Daily Hodl.
Engineers are investigating a banking glitch that triggered a total shutdown of billions upon billions of dollars in bank transfers in Japan. The glitch began on Tuesday, leaving more than one million customers unable to move their money and affecting banking giants including JPMorgan Chase, MUFG and Mitsubishi Trust. The system breakdown halted a staggering […]
The post $81,000,000,000 in Bank Transfers Abruptly Halted As JPMorgan Chase and Big Banks Encounter Major Glitch in Japan: Report appeared first on The Daily Hodl.
Wells Fargo says it did nothing wrong when freezing $204,000 in a customer’s account – even though it’s partially relenting to lawyers who claim otherwise. The banking giant was hit with a lawsuit after a North Carolina-based client named Ethan Parker alleged he was denied access to his money with “little to no explanation.” Despite […]
The post Wells Fargo Denies Wrongdoing After Freezing $204,000 in Customer’s Account, Facing Lawsuit for Damages appeared first on The Daily Hodl.
A business owner in Southwest Florida is searching for answers after hundreds of thousands of dollars vanished from her bank account. Tiffany Allen says $270,000 was initially stolen from her family’s Truist Bank business account in five separate unauthorized transfers, reports the CBS-affiliated news station WINK. More than six months later, however, the bank has […]
The post $270,000 Disappears From Business Owner’s Bank Account, Billion-Dollar Bank Refuses To Make Customer Whole: Report appeared first on The Daily Hodl.
A Tennessean woman says her bank has abruptly frozen tens of thousands of dollars in her account – even after she took additional steps to prove her identity and verify the source of her funds. Torrie Jackson says she and her husband received more than $68,000 in back taxes from the IRS earlier this year, […]
The post Bank Abruptly Freezes $48,000 in Customer’s Account, Denying Access to Funds and Refusing to Verify Identity: Report appeared first on The Daily Hodl.
London-based lender Barclays says it plans to terminate the accounts of thousands of British citizens who are currently residing outside the United Kingdom. The bank says it’s contacting expatriates living outside the UK about the coming closure of their savings or current accounts. Barclays says all customers must have an acceptable UK address or else […]
The post Banking Giant To Terminate Accounts en Masse Based on Physical Address, Says Move Is Irreversible appeared first on The Daily Hodl.
A bank with about $670 billion in total assets will pay a multi-million-dollar fine after admitting to misleading credit card customers for years. The Australian Securities and Investments Commission (ASIC) says Australia and New Zealand Banking Group Limited (ANZ) has agreed to pay $15 million AUD, worth about $9.65 million, after the country’s Federal Court found […]
The post Billion-Dollar Bank Fined $9,650,000 for Misleading Customers, Charging 186,000 Accounts With Hidden Fees and Interest appeared first on The Daily Hodl.
A trillion-dollar bank is rejecting a young couple who claims tens of thousands of dollars has disappeared from their account. 21 year-old Elli Houston and 23 year-old Trae Murphy say they initiated a $90,000 AUD transfer, worth about $58,000 USD, out of their Commonwealth Bank account back in June, reports the Daily Mail. The couple […]
The post $58,000 Abruptly Vanishes From Bank Account, Says Couple – As Banking Giant Issues Complete Denial of Claims appeared first on The Daily Hodl.
British bank Nationwide accidentally made one of its customers an overnight multimillionaire after abruptly adding about $10.9 million into his account. Dane Gillespie from Belfast, Ireland, says he cashed a birthday check worth about $10,900 into his Nationwide account – and was shocked to see a massive pile of cash enter his account. The bank, […]
The post Banking Glitch Turns Teen Into Overnight Millionaire After $10,900 Deposit Transforms Into $10,900,000 appeared first on The Daily Hodl.
