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Category US Banks

MainNewsUS Banks
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...
$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...
US Banks See $70,600,000,000 in Profits in First Quarter As Non-Interest Income Jumps: FDIC

US Banks See $70,600,000,000 in Profits in First Quarter As Non-Interest Income Jumps: FDIC

The US banking industry saw a rise in profits in the first quarter of the year driven by a jump in non-interest income, according to new government...