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CFPB sues JPMorgan, Bank of America
Consumer Finance Watchdog Sues Zelle, Bank of America, JPMorgan Chase, Wells Fargo
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited identification methods', allowed fraud to run rampant.
CFPB sues JPMorgan, Bank of America over alleged Zelle fraud
"Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves," the CFPB said.
Feds sue Bank of America, Wells Fargo for failing to stop ‘widespread’ Zelle fraud
The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of millions of dollars to fraud connected to poor safeguards for the peer-to-peer payment network. JPMorgan Chase is also listed in the lawsuit.
3h
on MSN
Trump wants to scrap Biden’s ban on a chunk of natural gas exports. It won’t help America’s top buyer much
Donald Trump is set to overturn a ban on some US exports of liquefied natural gas in a move that may worsen the climate ...
8d
Bank of America Flagged Suspicious Payments to Epstein Only After He Died
Senate staff members are urging that Bank of America be investigated for the way it reported payments to Jeffrey Epstein, the ...
1d
on MSN
Are Banks Open Today? Here's a List of U.S. Bank Holidays for 2024 and 2025
Banks and credit unions often close on holidays in the Federal Reserve System's holiday schedule. Find out if your bank or ...
4d
on MSN
These Bank of America analysts say it’s too late to avoid a market bust — but the Magnificent Seven stocks will still outperform
The stocks of the ‘Magnificent Seven’ technology giants will likely continue to outperform in 2025, even though a market ...
Reuters on MSN
10d
Bank of America promotes 387 employees to managing director, source says
Dec 11 (Reuters) -
Bank
of America
(BAC.N), opens new tab has promoted 387 employees to managing director roles in 2024, ...
4d
Panthers file for rezoning at Bank of America Stadium to pave way for renovations
The Panthers filed for rezoning at Bank of America Stadium. It’s a necessary step for the facility’s upcoming renovations.
3d
on MSN
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate ...
2d
on MSN
Bank of America funding creates 'real change' for Jacksonville-area nonprofits
Bank of America awarded $426,000 in grants to 26 nonprofits for health care, employment and affordable housing programs, ...
5d
Bank of America Wraps Up $1 Billion Debt Swap for Ecuador
Bank of America Corp. has completed a $1 billion deal to refinance part of Ecuador’s debt and help fund the protection of ...
1d
on MSN
Citi, Bank of America, Goldman offer strong prospects for 2025, analyst says
Citigroup Inc., Bank of America Corp. and Goldman Sachs Group Inc. offer different paths to the same outperform rating at KBW ...
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Zelle
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JPMorgan Chase
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