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Category Bank of America

Money Managers Controlling $523,000,000,000 Say One Asset Class Will Outperform US Stocks, Gold, and Bonds Over the Next Five Years, According to Bank of America Survey

Money Managers Controlling $523,000,000,000 Say One Asset Class Will Outperform US Stocks, Gold, and Bonds Over the Next Five Years, According to Bank of America Survey

A new Bank of America (BofA) survey shows fund managers across the globe believe one asset class is poised to produce superior returns in the years...
Scammers Drain $70,000 From Bank Accounts in Scheme Targeting JPMorgan Chase, Bank of America, Citibank and Capital One Customers: Report

Scammers Drain $70,000 From Bank Accounts in Scheme Targeting JPMorgan Chase, Bank of America, Citibank and Capital One Customers: Report

An ATM scheme has reportedly drained tens of thousands of dollars from elderly customers of the biggest banks in the United States. New York City p...
US Lawmakers Probe $870,000,000 in Customer Losses on Zelle, Targeting JPMorgan Chase, Bank of America and Wells Fargo’s Reimbursement Practices

US Lawmakers Probe $870,000,000 in Customer Losses on Zelle, Targeting JPMorgan Chase, Bank of America and Wells Fargo’s Reimbursement Practices

Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network. In letters to Zelle’s...
Asian Crime Syndicates Tap Chase, Bank of America, Wells Fargo and Other Lenders To Launder Billions Siphoned in Pig Butchering Scams: Report

Asian Crime Syndicates Tap Chase, Bank of America, Wells Fargo and Other Lenders To Launder Billions Siphoned in Pig Butchering Scams: Report

Reputable financial institutions have reportedly served as stations in the multistep money laundering process that transports funds from US scam vi...
‘Nightmare’ – Bank of America Sues Customers After Prematurely Discharging Loan: Report

‘Nightmare’ – Bank of America Sues Customers After Prematurely Discharging Loan: Report

The Bank of America reportedly made a mistake with a customer’s loan and ended up suing her because of it. Diane Jaques, a 75-year-old homeowner in...