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FDIC LAWSUIT
In Trump v. Dimon, years of strain culminate in $5 billion suitDonald Trump has sued JPMorgan Chase CEO Jamie Dimon and his bank for $5 billion, alleging they illegally "debanked" Trump's businesses due...- Wells Fargo Q1 Results: Profit shrinks on lower interest incomeWells Fargo's profit fell 7% in the first quarter as it became more costly to pay customers for deposits and demand from borrowers declined...
- Voyager Digital co-founder sued by US regulators for fraudVoyager was one of several crypto firms to collapse in 2022, along with Celsius Network and BlockFi, after crypto prices plummeted amid int...
- SVB Financial sues US FDIC to recover $1.93 bln seized in SVB rescueSVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion the regulator seized during its ta...
- US cracks down on crypto industry with flurry of actionsLast month, the Securities and Exchange Commission levied fines and other penalties against crypto lending firms, while federal banking off...
- US must break the concentrated financial power of big banksThe US must break the concentrated financial power of big banks and financial institutions.
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