JPMorgan Chase, Wells Fargo and Bank of America Customers Holding $2,620,000,000,000 in Uninsured Deposits As Americans Pour Cash Into Unprotected Accounts

March 22, 2025 The Daily Hodl

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New numbers show customers at JPMorgan Chase, Wells Fargo and Bank of America are piling money into unprotected accounts. The lenders’ quarterly Call Reports, submitted to the Federal Financial Institutions Examination Council (FFIEC), show the banks customers now collectively hold $2.62 trillion in uninsured cash. US banks and the FDIC promise customers that deposits up […]

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JPMorgan Chase Tricked Into Signing $175,000,000 Deal to Acquire Sham Company in Alleged Bank Fraud Conspiracy: Report

March 16, 2025 The Daily Hodl

bank

A data scientist who graduated from the University of Pennsylvania’s prestigious Wharton School allegedly played a key role in tricking America’s biggest bank into investing massive amounts of money in a company that turned out to be a fraud. In 2016, 24-year-old Charlie Javice founded a financial aid assistance company called “Frank” and ultimately convinced […]

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JPMorgan Chase, Goldman Sachs Abruptly Raise Recession Odds As ‘Bond King’ Says Macro Setup Could Trigger Decades of US Capital Flight: Report

March 15, 2025 The Daily Hodl

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Two Wall Street giants say the US now faces a greater risk of economic contraction amid a deteriorating macroeconomic backdrop. JPMorgan Chase is raising its recession forecast for the US economy from 30% at the start of 2025 to 40% due to the uncertainty brought by President Trump’s directives including his trade war against China, […]

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JPMorgan Chase, Wells Fargo and Bank of America Refuse To Reimburse Customers After Scammers Attack Accounts: Reports

March 15, 2025 The Daily Hodl

bank

New reports show JPMorgan Chase, Wells Fargo and Bank of America are closing the door on customers hit by fraud, rejecting their claims and refusing to reimburse their accounts. JPMorgan Chase refused to refund a customer in Northern California after a scammer used a fake driver’s license to initiate unauthorized withdrawals, reports the ABC-affiliated news […]

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Trump Sues Capital One After Slamming Bank of America, JPMorgan Chase Over Abrupt Bank Account Terminations

March 8, 2025 The Daily Hodl

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The Trump organization just filed a lawsuit against US banking giant Capital One, accusing the lender of unjustly terminating more than 300 of the firm’s bank accounts. The suit claims the closures were driven by political bias, targeting the Trump family’s conservative affiliations back in 2021. “Plaintiffs have reason to believe that Capital One’s unilateral […]

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Lawsuit Accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of Failing To Protect Customers From $870,000,000 in Losses Abruptly Dropped by US Government

March 4, 2025 The Daily Hodl

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The Consumer Financial Protection Bureau (CFPB) has abruptly dropped a lawsuit accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of failing to protect consumers from $870 million in losses on the Zelle network over seven years. The lawsuit, filed in December, alleged Zelle’s parent company and the big banks often left victims of […]

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JPMorgan Chase Loses Package Containing Customers’ Sensitive Data, Warns Bank Account Info Could Be At Risk

March 3, 2025 The Daily Hodl

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JPMorgan Chase is disclosing a potential data breach to customers. In a new filing with the Massachusetts state government, Chase says it’s sent a letter to a number of customers warning a package went missing a few weeks ago after leaving one of its branches in the Bay State. “Our courier reported that a package […]

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JPMorgan Chase CEO Admits US Banks ‘Push People Out of the System’ After Trump Hammers Chase, Bank of America Over Abrupt Account Terminations

March 1, 2025 The Daily Hodl

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JPMorgan Chase CEO Jamie Dimon is addressing controversy over how and why some American citizens and businesses are abruptly finding themselves kicked out of the banking system. After meeting with Republican lawmakers in Washington, D.C. on the subject of “debanking,” Dimon told reporters that Chase never drops customers over their religious or political affiliations. Instead, […]

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Impostor Drains $87,000 From JPMorgan Chase Account – Bank Refuses To Reimburse One Penny: Report

February 23, 2025 The Daily Hodl

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JPMorgan Chase is reportedly refusing to cover losses for a customer who lost her life savings to a fraudster. Former policewoman Courtney White says she lost $87,000 to a thief who impersonated her and made withdrawals from her JPMorgan Chase account to the tune of thousands of dollars per day, reports NBC 5 Chicago. White […]

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Jamie Dimon Abruptly Dumps $233,770,000 in JPMorgan Chase Stock As Bank’s Shares Tap All-Time High

February 22, 2025 The Daily Hodl

bank

JPMorgan Chase CEO Jamie Dimon just sold a massive amount of his company’s stock. New SEC filings show Dimon sold a total of 866,361 shares at a price of $269.83 on Thursday, worth a whopping $233.77 million. According to the SEC Form 4 filing, the shares sold are attributed to various entities including his family, […]

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