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Unexplained outage at Chase Bank leads to interruptions at Zelle payment network
An unexplained outage at Chase Bank led to interruptions for users of the Zelle payment network, who took to social media to complain. Zelle said on Twitter that its network is functioning normally and pointed a finger at Chase, saying the bank was experiencing trouble with payment processing. Chase issued a statement in which it said it is “working to...
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Epstein victims seek $290 Million settlement from JPMorgan Chase over alleged complicity
Attorneys for the victims said the cash settlement is “within the range of reasonable resolutions” and is “adequate, and in the best interests” of their clients.
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Chase Says Online Banking Issue Now Resolved After Bug Causes Duplicate Transactions and Fees
Chase said late Friday that the bank had “resolved the underlying issue” and was in the process of issuing refunds or reversing transactions for customers.
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JPMorgan Alleges Former Executive ‘Thwarted' Efforts to Cut Ties With Epstein
The bank claimed Jes Staley knew of Epstein’s sex trafficking and engaged in “sexual activity with young women procured by Epstein.” Staley has said he is being used as a PR shield.
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Regulators Seize First Republic Bank and Sell it to JPMorgan Chase
First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.
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JPMorgan Chase Takes Over First Republic After Biggest U.S. Bank Failure Since 2008
JPMorgan acquired all of First Republic’s deposits and a “substantial majority of assets.” Its shares rose 2.6% in premarket trading on the news.