People Have Taken Out $100 Billion from Big Banks
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The latest study shows people have taken out nearly $100 billion from big banks such as JPMorgan, Bank of America, Citi, and Wells Fargo.
Hedge Funds Lose New Record High of $11.57bn from Investors
A new report shows hedge funds have lost a new record high of $11.57bn from investors withdrawing their money for the month of April.
CFPB Warns People May Lose Their Cash in Money Apps
The CFPB warns that people may lose their cash in money apps such as Venmo, PayPal, CashApp, or Zelle if their cash holder fails.
Goldman Sachs Makes it Difficult for Customers to Withdraw Money
Goldman Sachs is making it difficult for Apple customers to withdraw money from their savings account. Banking news and updates today.
JPMorgan to Close 21 First Republic Branches Amidst Latest Layoffs
JPMorgan (NYSE:JPM) will close 21 First Republic Branches amidst the bank's latest layoffs. The bank has laid off more than 1,500 employees.
