JPMorgan Chase, the largest bank in America, is taking legal action against additional customers accused of exploiting an ‘infinite money’ ATM glitch that became widely known on TikTok […]
Banks
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China’s Credit Expansion Surpasses Expectations in March
China’s credit expansion exceeded forecasts in March due to an increase in government bond offerings aimed at mitigating the economic impact of rising US tariffs on Chinese exports. […]
Banks
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IMF and World Bank Approve Bailout Packages for Argentina
The International Monetary Fund (IMF) and the World Bank have approved new bailout packages for Argentina. These include a $20 billion (\€18.5 billion\) IMF bailout and a $12 […]
Banks
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JPMorgan, Wells Fargo, and Morgan Stanley Exceed Q1 Expectations as Jamie Dimon Stresses Global Economic Unity
JPMorgan, Wells Fargo, and Morgan Stanley have all reported better-than-expected results for the first quarter of the year. During a recent earnings call, JPMorgan CEO Jamie Dimon emphasized […]
Banks
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Jamie Dimon Expects S&P 500 Earnings Estimates to Drop as Companies Withdraw Guidance
JPMorgan Chase CEO Jamie Dimon stated that he anticipates a decline in S&P 500 earnings estimates due to the uncertainty surrounding trade negotiations. During a press call discussing […]
Banks / Technology
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Zelle Discontinues Stand-Alone Mobile App
Zelle, one of the most popular digital payment services in the U.S., has discontinued its stand-alone mobile app. However, the service remains available through bank websites and apps. […]
Banks
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Robinhood Launches Banking Platform with Home Cash Delivery for Premium Members
Robinhood is set to launch an online banking platform for its premium members this fall, featuring home cash delivery services. The financial technology company, headquartered in California, announced […]
Banks
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Robinhood Launches Banking Services with Physical Cash Delivery Option
Robinhood is expanding its financial services by introducing a fully online banking platform. This fall, Robinhood Gold subscribers will have access to checking and savings accounts through Robinhood […]
Banks
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Impact of Past Due Student Loan Payments on Credit Scores
Daniel Mangrum and Crystal Wang discussed the effects of pandemic-related policy actions on student loan balances, repayment rates, and delinquent loans. This article focuses on how these changes […]
Banks
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Prosecutor Claims Frank Founder Misled JPMorgan Chase in $175 Million Deal
NEW YORK (AP) — A prosecutor argued that a Florida woman executed a ‘brazen fraud’ by exaggerating her student aid startup’s customer base to sell it to JPMorgan […]