JPMorgan Chase is filing lawsuits against customers who exploited a viral technical glitch this summer that allowed people to pull huge amounts from Chase ATMs.
banks
Posted inNPR
TD Bank to pay $3 billion in money-laundering settlement with the Justice Department
Canada-based TD Bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do so, Attorney General Merrick Garland said.
Posted inNPR
Bank of America raises minimum hourly pay to $24, as tellers flee the industry
Bank of America will pay hourly workers at least $24 per hour — a big jump from early 2019, when it paid $15 per hour. It has launched a series of pay raises as the industry struggles to fill bank teller jobs.
Posted inNPR
Vietnam sentences real estate tycoon to death in its largest-ever fraud case
Truong My Lan, the 67-year-old chairwoman of the real estate company Van Thinh Phat, was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP.
