More than 40 consumers have reported mysterious accounts opened in their names. One man says someone opened an account in his name and deposited thousands of dollars.
Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations of various consumer financial protection laws.
As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a couple vital questions linger in the minds of economists everywhere – When is recession going to strike and when will the Fed reverse course on tightening?
A Canadian bank has apologized to a man who participated in the Freedom Convoy protest for freezing his account at the behest of Justin Trudeau’s government.
