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 ahead. BofA’s Global Fund…

Continue ReadingMoney 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

Bank Insider Reportedly Forges Names and Fills Out Fake Withdrawal Slips, Drains $75,000 From Accounts of Eight Customers

A Cleveland bank teller has reportedly been accused of forging names and other documents to drain tens of thousands of dollars out of customers’ bank accounts. According to a new…

Continue ReadingBank Insider Reportedly Forges Names and Fills Out Fake Withdrawal Slips, Drains $75,000 From Accounts of Eight Customers

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 parent company and the banks –…

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

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 police are warning senior citizens…

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