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Category banks

Billion-Dollar Bank Loses $107,635 in One Day As Thieves Allegedly Infect ATMs With Malware: Report

Billion-Dollar Bank Loses $107,635 in One Day As Thieves Allegedly Infect ATMs With Malware: Report

A Michigan-based bank has reportedly lost tens of thousands of dollars in just 24 hours to thieves running an advanced ATM scheme. Authorities are ...
Woman Receives $501,450,311 in Bank Account, Tells Authorities She Doesn’t Know Where It Came From – Now She’s Facing Prison: Report

Woman Receives $501,450,311 in Bank Account, Tells Authorities She Doesn’t Know Where It Came From – Now She’s Facing Prison: Report

A 58-year-old woman is awaiting prison after receiving over half a billion dollars in mysterious and unexplained funds in her bank account. Authori...
JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt

JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt

JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5.361 billion from customers who can no longer pay their debt. In their Q2 2025 earnings rep...
The Banks Are Up Against the Digital Asset Industry in a DC Policy Battle, and Crypto’s Been ‘Winning,’ Says Custodia Bank CEO

The Banks Are Up Against the Digital Asset Industry in a DC Policy Battle, and Crypto’s Been ‘Winning,’ Says Custodia Bank CEO

The CEO of Custodia Bank, a US financial institution specializing in cryptocurrencies, says passing crypto legislation in the US has been a pitched...
Citigroup Looking To Issue Own Stablecoin and Offer Crypto Asset Custody Solutions, Says CEO Jane Fraser

Citigroup Looking To Issue Own Stablecoin and Offer Crypto Asset Custody Solutions, Says CEO Jane Fraser

The third-largest bank in the US is signaling intentions to enhance its digital asset capabilities and offerings. In an earnings call for the secon...