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Category Bank

Wells Fargo Reportedly Rejects Reimbursement After $44,000 Drained From Accounts – Until Questions Surface in the Media

Wells Fargo Reportedly Rejects Reimbursement After $44,000 Drained From Accounts – Until Questions Surface in the Media

Wells Fargo reportedly refused to refund customers who recently had their accounts drained by scammers – until the bank began facing questions from...
Billionaire Warren Buffett Pours $305,500,000,000 Into ‘Safe Haven’ Assets While Dumping Stakes in Citigroup, Bank of America and Capital One

Billionaire Warren Buffett Pours $305,500,000,000 Into ‘Safe Haven’ Assets While Dumping Stakes in Citigroup, Bank of America and Capital One

Billionaire Warren Buffett has funneled $305.5 billion into a safe-haven asset class, while slashing stakes in banking giants Citigroup, Bank of Am...
US Banking Regulator Calls for Expanded Crypto Financial Literacy

US Banking Regulator Calls for Expanded Crypto Financial Literacy

The OCC calls for a major boost in financial literacy to navigate the explosive rise of digital assets, urging updated strategies to protect and in...
$413,200,000,000 in Unrealized Losses Hit US Banks As FDIC Warns Rising Rates Adding Pressure

$413,200,000,000 in Unrealized Losses Hit US Banks As FDIC Warns Rising Rates Adding Pressure

US banks are now saddled with $413.2 billion in unrealized losses on their balance sheets. In its new Quarterly Banking Profile for the first quart...
JPMorgan Chase Fined $566,082 for Allegedly Failing To Respond to Regulator During Energy Crisis

JPMorgan Chase Fined $566,082 for Allegedly Failing To Respond to Regulator During Energy Crisis

France’s energy regulator is penalizing the German unit of global financial services firm JPMorgan Chase for failing to provide sufficient informat...