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JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations

The Daily Hodl
JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations
bank
JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations

JPMorgan Chase shares are up nearly 5% after the banking giant posted surprising strong Q3 earnings results. Chase reported a 3% increase in net interest income (NII), beating expectations for a decline. NII is the difference between revenue generated from a bank’s interest-bearing assets and its expenses for paying out interest-bearing liabilities. JPMorgan’s earnings per […]

The post JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report

The Daily Hodl
US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report
bank
US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report

The biggest banks in the US are preparing to report a third quarter marked by shrinking margins and declining profits, according to a new report. JPMorgan Chase and Wells Fargo release their Q3 earnings on Friday. JPMorgan is expected to reveal a nearly 8% drop in earnings per share while Wells Fargo will likely report […]

The post US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

$14,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report

The Daily Hodl
,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report
bank
,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report

Wells Fargo says it feels bad for a customer, but refuses to reimburse, after a con artist ripped $14,000 from her account. It all started when California businesswoman Phi Dang was told a large invoice hadn’t been paid, reports NBC Los Angeles. Dang had mailed a $14,000 check and her statement showed it had already […]

The post $14,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

$17,900 Drained From JPMorgan Chase Account, Sent To Wells Fargo – Now Both Banks Are Refusing To Reimburse: Report

The Daily Hodl
,900 Drained From JPMorgan Chase Account, Sent To Wells Fargo – Now Both Banks Are Refusing To Reimburse: Report
bank
,900 Drained From JPMorgan Chase Account, Sent To Wells Fargo – Now Both Banks Are Refusing To Reimburse: Report

A JPMorgan Chase customer says her money would be safer under the mattress after scammers successfully moved $17,900 from her account to Wells Fargo. Atlanta resident Marina Camplone says someone pretending to be a Chase fraud representative called her phone using the same number shown on the back of her debit card, reports the ABC-affiliated […]

The post $17,900 Drained From JPMorgan Chase Account, Sent To Wells Fargo – Now Both Banks Are Refusing To Reimburse: Report appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

JPMorgan Chase Accused of Refusing To Reimburse Customers, Failing To Terminate Scammer’s Accounts Amid Federal Probe: Report

The Daily Hodl
JPMorgan Chase Accused of Refusing To Reimburse Customers, Failing To Terminate Scammer’s Accounts Amid Federal Probe: Report
Bank of America
JPMorgan Chase Accused of Refusing To Reimburse Customers, Failing To Terminate Scammer’s Accounts Amid Federal Probe: Report

A federal investigation into banking giant JPMorgan Chase is targeting how the bank handles and protects potential victims of fraud, according to a new report. The Consumer Financial Protection Bureau (CFPB) is investigating whether the bank is properly reimbursing customers and effectively eliminating scammer’s bank accounts, reports CNBC, citing sources who requested anonymity while talking […]

The post JPMorgan Chase Accused of Refusing To Reimburse Customers, Failing To Terminate Scammer’s Accounts Amid Federal Probe: Report appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Wells Fargo Customers’ Bank Account and Social Security Numbers Exposed, Used for Fraud in Mysterious Data Breach

The Daily Hodl
Wells Fargo Customers’ Bank Account and Social Security Numbers Exposed, Used for Fraud in Mysterious Data Breach
bank
Wells Fargo Customers’ Bank Account and Social Security Numbers Exposed, Used for Fraud in Mysterious Data Breach

A data breach at Wells Fargo is affecting an unknown number of the banking giant’s customers. A new filing with the Office of the Vermont Attorney General shows the lender is warning customers that an insider at the bank has accessed and used their information to perpetrate fraud. The San Francisco, California-based bank has not […]

The post Wells Fargo Customers’ Bank Account and Social Security Numbers Exposed, Used for Fraud in Mysterious Data Breach appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

$2,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and Other ‘Too Big To Fail’ Banks: Report

The Daily Hodl
,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and Other ‘Too Big To Fail’ Banks: Report
Bank of America
,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and Other ‘Too Big To Fail’ Banks: Report

JPMorgan Chase, Wells Fargo, Bank of America and other systemically important US banks are now financing $2.423 trillion in leveraged bets on Wall Street, according to new numbers self-reported by the industry. The Financial Industry Regulatory Authority (FINRA) says the big banks’ total margin loans to hedge funds have hit a new record high, according […]

The post $2,423,000,000,000 in Wall Street Leverage Fueled by JPMorgan Chase, Wells Fargo, Bank of America and Other ‘Too Big To Fail’ Banks: Report appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

The Daily Hodl
JPMorgan Chase, Wells Fargo and Bank of America Lose ,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge
Bank of America
JPMorgan Chase, Wells Fargo and Bank of America Lose ,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its new Quarterly Banking Profile report, the FDIC says US banks reported $21.3 billion in net charge-offs in the second quarter of the year, due […]

The post JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge appeared first on The Daily Hodl.

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

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