Financeflux

Report: US Seeks to Seize $300 Billion by Freezing Assets of Russia’s Central Bank and Elite Individuals

Daisy HodleyDec 31, 20232 min read

US Seeks Confiscation of $300 Billion in Frozen Russian Assets The US, along with the UK, Japan, and Canada, is urging G7 nations to seize $300…

Trillion-Dollar Bank Slapped with $2,950,000 Penalty for Deceiving Clients and Overcharging Customers

Daisy HodleyDec 30, 20233 min read

A Banking Giant Fined for Misconduct A major banking institution with $1.80 trillion in assets under management has been hit with a hefty civil penalty for…

JPMorgan Chase Raises Concerns About Market Declines and Volatility in 2024: Report

Daisy HodleyDec 30, 20232 min read

JPMorgan Chase Warns of Market Declines and Volatility in 2024 Analysts at JPMorgan, the largest bank in America, are cautioning investors about the potential for declining…

Report: JPMorgan Chase Accused of Denying Customer Reimbursement Following $1,500 Uber Spending Spree by Thief

Daisy HodleyDec 24, 20232 min read

JPMorgan Chase Accused of Denying Reimbursement to Customer Over Unauthorized Uber Charges JPMorgan Chase is facing accusations of refusing to reimburse a customer who fell victim…

JPMorgan Chase Faces Accusations of Losing $50 Million Fortune in Risky Bets as Investor Succumbs to Dementia

Daisy HodleyDec 23, 20232 min read

JPMorgan Chase Accused of Mismanaging Investor’s Fortune Amid Dementia Battle A family is alleging that JPMorgan Chase took advantage of their high net-worth relative suffering from…

CFPB Imposes $35.7 Million Penalty on US Bank for Pandemic-related Account Freezing and Unemployment Benefit Blockage

Daisy HodleyDec 23, 20232 min read

The Consumer Financial Protection Bureau (CFPB) has fined U.S. Bank $35.7 million for freezing prepaid debit card accounts during the pandemic, making it difficult for people…

Report: Lawsuit Filed Against Two US Banks After $10,000 Disappears from Wells Fargo Account

Daisy HodleyDec 22, 20232 min read

A Couple Sues Wells Fargo and Truist After $10,000 Disappears A North Carolina couple has filed a lawsuit against Wells Fargo and Truist, claiming that thousands…

$2.3 Billion Cash Distribution Anticipated for Residents in This US State, Pending Governor’s Approval: Report

Daisy HodleyDec 16, 20232 min read

Alaska Governor Plans $2.3 Billion Cash Handout to Combat Inflation The governor of Alaska, Mike Dunleavy, has proposed a budget plan that would allocate $2.3 billion…

JPMorgan Chase Freezes and Closes Account Following $5,298 Deposit, Ignoring Verification Requests: Report

Daisy HodleyDec 16, 20232 min read

JPMorgan Chase Freezes and Terminates Customer Account After Deposit: Report An Atlanta-based JPMorgan Chase customer has found herself in a precarious situation after the bank froze…

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