Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
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Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The agreement stems from a November lawsuit that alleged the bank ignored red flags about Epstein in order to keep his business.
On Wall Street, a string of banking industry failures is casting a cloud over midsize lenders such as PacWest and Western Alliance
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
One of the nation's largest banks is agreeing to pay $100 million to settle a California lawsuit alleging it used illegal methods to collect debts from more than 125,000 credit card holders.
For JPMorgan Chase employees, it might be best not to leave a message.
JPMorgan Chase & Co. will pay nearly $300 million to California's public employee and teacher pension funds as part of a settlement related to mortgage-related investments, state Attorney General Kamala Harris announced Tuesday.
California's attorney general is suing one of the nation's largest banks, alleging that JPMorgan Chase & Co. used illegal tactics in its debt collection efforts against about 100,000 credit card holders.
State Attorney General Kamala Harris announced Thursday that the nationwide settlement with banks over foreclosure abuses could be worth up to $18 billion to Californians who were among those hardest hit by the crisis.
