Wells Fargo Is Now Under Federal Investigation
Wells Fargo is now under federal investigation over issues in its anti-money laundering and sanctions programs, the bank said.
Bank Customers Will Now Receive Money From $21 Million Settlement
Bank customers will now receive money from a $21 million settlement after it was discovered that the institution wrongfully charged fees.
A Massive Bank Now Gets Charged $44M For Freezing Accounts
A massive bank now gets charged $44m for freezing accounts, charging hidden fees, and deceiving its customers, per a PR.
Citi, Goldman, Extend AMC’s Covenant Waiver to 2024: What it Means
CEO Adam Aron said Citi, Goldman Sachs, and Credit Suisse have extended AMC’s covenant waiver to March 31st of 2024. “This is a reflection of AMC’s recovery being well under way… a vote of confidence in AMC by our banks that we…
Painful Bank Layoffs Are Now Quietly Surging
Painful bank layoffs are now quietly surging as thousands of employees are continuously let go according to new reports.