The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
Shares of the bank stocks JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) fell 1.7% and 2.2%, respectively, for no ...
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The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...
NEW YORK (Reuters) -Wells Fargo (WFC) sued JPMorgan Chase (JPM)on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently ...
JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home ...
A Wells Fargo lawsuit alleges JPMorgan and Chetrit Group knew historical net operating income reported in loan documents was "dramatically inflated." ...
Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...
Shares of major financial companies JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Warren Buffett holding American Express (NYSE: AXP) were all down significantly on Monday, falling 3.8% ...
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CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraudSince Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...
Large banks are exposed to the broader economy Large banks like JPMorgan Chase and Wells Fargo have relationships with consumers and businesses in nearly every sector of the economy, so if ...
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