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JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of Singapore (MAS) says t...
Dec, 02, 2024
1 min read
by The Daily Hodl
Wells Fargo Accused of Overcharging Tens of Thousands of Customers, Offering ‘Illusory and Wholly Inadequate’ Compensation for Damages

Wells Fargo Accused of Overcharging Tens of Thousands of Customers, Offering ‘Illusory and Wholly Inadequate’ Compensation for Damages

A Wells Fargo customer is accusing the third-largest US bank of overcharging consumers in a new proposed class-action lawsuit. The suit, filed in C...
Aug, 25, 2024
2 min read
by The Daily Hodl
Trillion-Dollar Bank Pays $2,950,000 Fine for Lying to Clients, Routinely Overcharging Customers

Trillion-Dollar Bank Pays $2,950,000 Fine for Lying to Clients, Routinely Overcharging Customers

A banking giant with $1.80 trillion in assets under management is paying a multi-million dollar civil penalty for making false statements to client...
Dec, 30, 2023
2 min read
by The Daily Hodl