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Archive for 'JPMorgan Chase'
Chase To Pay $389 Million Over Illegal Charges For Credit-Monitoring Services
JPMorgan Chase has agreed to pay out nearly a billion dollars to close investigations related to the 2012 “London Whale” trading fiasco, and now is told it must pay out $309 million in refunds and $80 million in penalties over...
Read MoreBig Named Banks Partake In Payday Loan Profits
With 12.5 million Americans unemployed and many facing inevitable debt harassment, consumers are turning to online payday loans, often with obscene interest rates in excess of 500 percent, to make ends meet. To the financially strapped, worrying about today has displaced...
Read MoreJPMorgan Chase Hit With SEC Whistleblower Complaint Over Credit Card Practices
A former JPMorgan Chase employee is suing the company for wrongful termination but more importantly she has filed a whistleblower complaint with the SEC. The allegations charge JPMorgan with robo-signing, which is the automatic generation of documents such as foreclosure...
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