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JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase Paying ,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of Singapore (MAS) says the banking giant has admitted it’s liable for failing to discover and stop misconduct by its relationship managers. The agency says the managers provided incorrect information to clients while executing 24 over-the-counter […]

The post JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct appeared first on The Daily Hodl.

5 Privacy Coins Face Delisting on Gate.io Exchange

Wells Fargo Accused of Overcharging Tens of Thousands of Customers, Offering ‘Illusory and Wholly Inadequate’ Compensation for Damages

Wells Fargo Accused of Overcharging Tens of Thousands of Customers, Offering ‘Illusory and Wholly Inadequate’ Compensation for Damages

A Wells Fargo customer is accusing the third-largest US bank of overcharging consumers in a new proposed class-action lawsuit. The suit, filed in California by Barbara Prado on behalf of herself and others similarly situated, alleges Wells Fargo “unilaterally” overcharged tens of thousands of customers on their mortgage loan accounts. According to Prado, Wells Fargo […]

The post Wells Fargo Accused of Overcharging Tens of Thousands of Customers, Offering ‘Illusory and Wholly Inadequate’ Compensation for Damages appeared first on The Daily Hodl.

5 Privacy Coins Face Delisting on Gate.io Exchange

Trillion-Dollar Bank Pays $2,950,000 Fine for Lying to Clients, Routinely Overcharging Customers

Trillion-Dollar Bank Pays ,950,000 Fine for Lying to Clients, Routinely Overcharging Customers

A banking giant with $1.80 trillion in assets under management is paying a multi-million dollar civil penalty for making false statements to clients and overcharging customers. In a press release, the Monetary Authority of Singapore (MAS) says it’s hitting Credit Suisse with a $3.9 million SGD ($2.90 million) fine for failing to stop illegal practices […]

The post Trillion-Dollar Bank Pays $2,950,000 Fine for Lying to Clients, Routinely Overcharging Customers appeared first on The Daily Hodl.

5 Privacy Coins Face Delisting on Gate.io Exchange