Wells Fargo Says US Scrutinizing Zelle Complaints Behind Scenes [BNN Bloomberg (Canada)]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
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Source: BNN Bloomberg
“Government authorities have been conducting formal or informal inquiries or investigations regarding the handling of customer disputes related to fund transfers made through the Zelle Network,” the San Francisco-based bank wrote in a quarterly filing Thursday. It didn't elaborate. Scams using peer-to-peer systems such as Zelle and Venmo have prompted calls by regulators and lawmakers for financial firms to improve consumer protections and make victims whole. Democratic senators, including Banking Committee Chair Sherrod Brown, Elizabeth Warren and Jack Reed, publicly pressed Zelle this year to clarify its policies and broaden the circumstances under which victims are reimbursed. JPMorgan disclosed in February that it also has been responding to inquiries from authorities over its handling of Zelle fund-transfer disputes. Neither JPMorgan nor Wells Fargo have been accused of wrongdoing. Citigroup Inc., meanwhile, has been fighting a lawsuit filed by the State of New York that c
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 5/17/24 - Form 424B2
- 5/17/24 - Form 424B2
- 5/17/24 - Form 424B2
- JPM's page on the SEC website