8,358 Bank Customers Exposed As Billion-Dollar Lender Reveals Data Breach, Warns Social Security Numbers and Account Details at Risk

December 21, 2024 The Daily Hodl

bank

A billion-dollar US bank is warning thousands of customers of a major data breach. According to a filing with the Office of the Maine Attorney General, 8,358 customers at Citizens Bank – which is the 16th-largest bank in the US by total assets – are impacted. The breach is attributed to “insider wrongdoing” believed to […]

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JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB Lawsuit

December 20, 2024 The Daily Hodl

bank

Customers at JPMorgan Chase, Wells Fargo and Bank of America have collectively lost $870 million to scammers on Zelle in the last seven years, according to a powerful US bank regulator. The Consumer Financial Protection Bureau (CFPB) says it’s suing the three banking giants and Zelle’s parent firm for allegedly failing to protect people from […]

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$15,000,000 Fine Hits US Banking Giant After Employees Allegedly Drain Millions From Wealthy Customers’ Accounts

December 14, 2024 The Daily Hodl

bank

Morgan Stanley’s wealth management arm will pay a multi million-dollar penalty after allegedly failing to stop four former financial advisors from stealing cash from customer accounts. The U.S. Securities and Exchange Commission (SEC) is charging Morgan Stanley Smith Barney (MSSB) for failing to adopt measures and policies that could have prevented four ex-financial advisors from […]

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Billionaire Warren Buffett Bets $120,000,000,000 on Two Assets After Dumping Bank of America, JPMorgan Chase, Wells Fargo

December 14, 2024 The Daily Hodl

Billionaire Warren Buffett Bets 0,000,000,000 on Two Assets After Dumping Bank of America, JPMorgan Chase, Wells Fargo

AAPL

Billionaire Warren Buffett is now betting a whopping $120 billion on just two assets. The chairman and CEO of Berkshire Hathaway has allocated 40.1% of the firm’s portfolio to Apple (AAPL) and American Express (AXP), according to new SEC filings. Berkshire initiated its investment in Apple back in 2016 and has adjusted its holdings multiple […]

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US Banks Witness 1,000% Surge in Digital Scams As JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $166,000,000 on Zelle in One Year: Report

December 14, 2024 The Daily Hodl

bank

US banks are witnessing a massive surge in sophisticated digital scams, according to a new report. The number of social engineering scams targeting both US and Canadian bank customers has exploded 1,000% in the last year, according to the cybersecurity firm BioCatch. Social engineering scammers use deceptive tactics to impersonate entities like banks or family […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

JPMorgan Chase Refuses To Reimburse Customer After $7,000 Abruptly Drained From Bank Account: Report

December 14, 2024 The Daily Hodl

bank

A JPMorgan Chase customer says the bank has refused to reimburse him for more than a year after $7,000 was suddenly drained from his account. Grant Holihan says he believes his Chase debit card information was skimmed at an ATM that he used in Queens, reports CBS New York. Soon after he left the ATM, […]

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Staggering $5,000,000,000 in Cash and Assets Waiting To Be Claimed by Residents in One US State: Report

December 13, 2024 The Daily Hodl

Assets

A staggering $5 billion in lost and forgotten cash and assets are waiting to be claimed in one US state, according to a new report. The Illinois Treasury Department says residents are sitting on a serious pile of unclaimed assets, reports the Chicago Sun-Times. The assets are typically located in neglected bank accounts and safe […]

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US Bank Regulator Terminates ‘Legal Loophole’ That’s Draining $5,000,000,000 From Customer Accounts Per Year

December 12, 2024 The Daily Hodl

bank

A US bank regulator says it’s shutting down a “legal loophole” that’s costing customers $5 billion in fees per year. The Consumer Financial Protection Bureau (CFPB) says a new rule will force large banks to either limit overdraft fees to $5, align them to actual costs and losses, or treat overdraft loans like other credit […]

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$600,000 Drained From Woman’s Bank Accounts As Morgan Stanley, JPMorgan Chase Issue Repeated Warnings To Customer: Report

December 7, 2024 The Daily Hodl

bank

An elderly woman has lost her life savings to a sophisticated scam amid warnings from JPMorgan Chase and Morgan Stanley, according to a new report. Retired therapist Judith Boivin lost about $600,000 after scammers made her believe she was an integral part of an undercover government operation, reports The Washington Post. Boivin says the bad […]

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Billionaire Ken Fisher Pours $800,000,000 Into JPMorgan Chase in Massive Bet on US Bank – Here’s His Top Picks As 2025 Arrives

December 2, 2024 The Daily Hodl

Billionaire Ken Fisher Pours 0,000,000 Into JPMorgan Chase in Massive Bet on US Bank – Here’s His Top Picks As 2025 Arrives

Amazon

Billionaire Ken Fisher is dramatically increasing his firm’s position in US banking giant JPMorgan Chase. New SEC filings show Fisher, who founded the $244 billion Fisher Asset Management, has increased the firm’s JPMorgan Chase (JPM) holdings by about $800 million in Q3, adding 4.04 million shares. That’s a 31% rise in the firm’s exposure to […]

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US Bank

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