Wells Fargo Now Faces A Major Lawsuit For Cheating Customers
Wells Fargo now faces a major lawsuit for cheating customers, after it underpaid clients to 'enrich itself' at the expense of others.
US Banks Now Hold 7x More Unrealized Losses Than 2008 Financial Crisis
US banks now hold 7x more unrealized losses than during the 2008 financial crisis, according to fresh data from the FDIC.
A Massive US Bank Now Plans To Open 165 Branches
A massive US bank now plans to open 165 branches within the next two years after closing several locations in the past year.
BofA Now Predicts A Fed Rate Cut of 125 BPS For 2025
BofA now predicts a fed rate cut of 125 BPS for 2025 and another 75 BPS during the fourth quarter of this year.
A Massive US Bank Now Gets Hit With AML Investigation
A massive US bank now gets hit with an AML investigation over flaws related to its internal controls and crimes risk management.
