A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on the list of major banks who have hired one of the best conservative trial lawyers to draft the lawsuit, reports Semafor. Eugene Scalia, son of […]
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JPMorgan Chase is pointing the finger at its own customers after the sudden disappearance of $24,000. Eric Nickolas and his wife Brenda say the money abruptly left their joint bank account in four transactions and none of them were authorized, reports the NBC-affiliated news station WCMH. The couple filed two claims and were denied both […]
The post JPMorgan Chase Refuses to Reimburse Couple After $24,000 Exits Bank Account in Burst of Fraudulent Transfers appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission says JPMorgan Chase will pay an $18 million fine for actively working to stop customers from reporting illegal activity at the leading US bank. In a press release, the SEC says JPMorgan routinely asked retail clients to sign confidential release agreements if they had been issued a credit or […]
The post JPMorgan Chase Pays $18,000,000 Fine for Forcing Customers To Stay Silent About Bank’s Bad Behavior appeared first on The Daily Hodl.
JPMorgan Chase says a customer in Utah will not be reimbursed after scammers ripped $20,000 from her account while she was on vacation. Kathryn England was in Florida when someone supposedly from the “fraud department” at Chase gave her a call, reports the NBC-affiliated news station KSL-TV. The man on the other end told England […]
The post Scammers Drain $20,000 From JPMorgan Chase Account As ‘Banking Loophole’ Leaves Customer Without Protection: Report appeared first on The Daily Hodl.
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.
Optimism in the US banking industry is being threatened by a growing pile of bad loans, putting pressure on the sector’s biggest players. Bloomberg analysts say non-performing loans, or loans to debtors that haven’t made a payment in over 90 days, rose to a combined $24.4 billion in the last quarter of 2023 for JPMorgan […]
The post JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Risk Losing $24,400,000,000 As Number of Troubled Loans Erupt: Report appeared first on The Daily Hodl.
Banking giant JPMorgan Chase is reportedly refusing to make a customer whole after thousands of dollars exited her account in a slick banking scam. Colorado resident Betsy Rich says she received a text message last month asking her to authorize a $1,700 transaction from her JPMorgan Chase account, reports the ABC-affiliated news station KMGH. After […]
The post Frantic Customer Calls JPMorgan Chase As $10,700 Exits Bank Account – Now the Banking Giant Says It’s Not To Blame: Report appeared first on The Daily Hodl.
The US will extract more money from American taxpayers and businesses as the government’s liabilities become too much to handle, according to a new forecast from JPMorgan Chase. Michael Cembalest, Chairman of Market and Investment Strategy for JPM’s Wealth and Asset Management branch, cites data from the Congressional Budget Office (CBO) that suggests all Federal […]
The post JPMorgan Chase Warns Massive Tax Hikes May Be Introduced in the US As Debt Explodes to $34,006,270,930,685 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 biggest asset management firm in the world is naming banking giant JPMorgan and trading firm Jane Street as authorized participants for its spot market Bitcoin (BTC) exchange-traded fund (ETF) bid. According to Bloomberg analyst Eric Balchunas, BlackRock updated its S-1 filing to the U.S. Securities and Exchange Commission (SEC) – the form for the […]
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