JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US market regulator. The Commodity Futures Trading Commission (CFTC) says the trillion-dollar bank admits that it failed to monitor billions of orders from its traders and clients – a mandatory process designed to detect market misconduct. […]
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The US has added well over half a trillion dollars to its national debt since the start of 2024 as the CEO of the world’s largest bank issues a warning on the state of America’s balance sheet. According to new data from the Treasury, as of May 14th, the US national debt grew by $582.381 […]
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A JPMorgan Chase customer reportedly lost $300,000 at a bank branch in Brooklyn immediately after withdrawing the cash. The 31 year-old customer withdrew the huge sum from a teller and was robbed once he exited the bank’s front door, reports News 12. Although the bank has not released a statement on the assault, it provided […]
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An Ohio family says a single phone call led to thousands of dollars being drained from their JPMorgan Chase bank account – and Chase says they’re on the hook for it. The Kalista family says they recently received a phone call from what was allegedly Chase, notifying them of suspicious activity, News 5 Cleveland reports. […]
The post $22,000 Disappears From JPMorgan Chase Account After Customer Reports Suspicious Activity – Now Bank Says Reimbursement Is Not Happening: Report appeared first on The Daily Hodl.
A couple in Atlanta says one phone call led to their entire life savings being drained from their JPMorgan Chase bank account. Gloria and Gary Moss tell FOX 5 that they felt secure after Chase blocked a $100 purchase for chocolate months ago, requiring further confirmation for the transaction to go through. But on February […]
The post JPMorgan Chase Blocks $100 Chocolate Purchase, Approves $49,000 Illicit Wire Transfer – Here’s Why the Bank Is Refusing To Reimburse appeared first on The Daily Hodl.
The biggest bank in the US, JPMorgan Chase, says it now holds about $760,000 in spot Bitcoin ETFs on behalf of its clients. In a new Form F13 filing, which requires institutional investment managers to disclose their holdings, JPMorgan says the exposure is spread across BlackRock’s iShares Bitcoin Trust (IBIT), the ProShares Bitcoin Strategy ETF […]
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JPMorgan Chase says it has discovered a data breach affecting the personal information of nearly half a million customers. New filings with the Office of the Maine Attorney General show the banking giant recently found a software issue that’s been active since August 26th, 2021. The bug allowed unauthorized access to retirement plan records of […]
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JPMorgan Chase, Bank of America and Citibank are keeping trillions of dollars in unknown and potentially risky assets off of their balance sheets, according to new data from the US government. The new numbers – compiled by the Federal Financial Institutions Examination Council (FFIEC) and first reported on by Wall Street on Parade – show JPMorgan […]
The post JPMorgan Chase, Bank of America and Citibank Holding $7,427,000,000,000 Off-Balance Sheet in Potentially Dangerous Cocktail of Unknown Assets: Report appeared first on The Daily Hodl.
The two largest banks in the US say they expect to lose a collective $4.5 billion from customers who are essentially unable to pay their bills. JPMorgan Chase says its net charge-offs, which are debts that the bank does not expect to receive, hit $2 billion in the first quarter of this year, reports Reuters. […]
The post JPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As ‘Unrecoverable Debt’ Soars: Report appeared first on The Daily Hodl.
A JPMorgan Chase customer in Oregon says his nest egg vanished in one day after thieves siphoned $30,000 from his account. Alan Roberts says someone made a flurry of unauthorized transfers from his Chase business account on March 18th, reports the NBC-affiliated KGW News. According to Alan, his funds were diverted to a number of […]
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