Russia reportedly sent a whopping $5 billion through banking giants JPMorgan Chase and Citigroup in a scheme to skirt US sanctions. According …
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Chase
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Finance
US Senators Accuse JPMorgan Chase, Bank of America, Wells Fargo, Citibank, US Bank, PNC and Truist of ‘Profiteering,’ Raking In $1,000,000,000,000 in Record Profits While Paying Savers Peanuts
by shayaanby shayaanTwo US lawmakers are accusing seven of the largest American banks by total assets of failing to pass the benefits of a …
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Regulation
JPMorgan Chase Spends $2,140,000,000 Battling Bank Lawsuits and Federal Agencies in Two Years: Report
by shayaanby shayaanNew filings from JPMorgan Chase reveal how much money the biggest bank in the US is spending on legal battles. The bank’s …
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Finance
US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies
by shayaanby shayaanDefaults on credit card loans are skyrocketing in the US. Lenders are now witnessing a 14-year high in credit card defaults, reports …
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Finance
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report
by shayaanby shayaanAmerica’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an …
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Analysis
Bitcoin Supply Shortage Could Trigger Big BTC Chase, Says Fundstrat’s Tom Lee
by shayaanby shayaanThe chief investment officer of a financial research boutique believes that Bitcoin (BTC) could face a supply shock once it clears the …
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Regulation
JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct
by shayaanby shayaanJPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of Singapore (MAS) …
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Finance
$89,670,000,000 in Increasingly Risky Loans Flagged at JPMorgan Chase, Wells Fargo and Bank of America: Report
by shayaanby shayaanAmerica’s biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their balance sheets, …
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Analysis
Billionaire Ken Fisher Pours $800,000,000 Into JPMorgan Chase in Massive Bet on US Bank – Here’s His Top Picks As 2025 Arrives
by shayaanby shayaanBillionaire Ken Fisher is dramatically increasing his firm’s position in US banking giant JPMorgan Chase. New SEC filings show Fisher, who founded …
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Regulation
JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report
by shayaanby shayaanJPMorgan Chase has now paid more than $40 billion in total fines and settlements to regulators, enforcement agencies and lawsuits related to …