Banking

TikToker Mel (@mel_in_sd) discovered the new form of banking when visiting a Bank of America branch with no employees. The video has gone viral.

New Year’s Eve falls on Saturday, Dec. 31, 2022. Because NYE isn’t a federal holiday, most banks will be open, with some exceptions. Find out more here.

On Dec. 20, Wells Fargo was ordered to pay a $3.7 billion settlement for the bank’s mismanagement of auto loans, mortgages, and deposit accounts.

Banks with no overdraft fees are proving their dedication in a key way. Here are the top four banks with no overdraft fees for customers.

Banks offer sign-on bonuses as a way to attract new customers. Here are some of the current offers available as sign-up bonuses. Customers can benefit from the offers.

Are old bank notes worth anything? If a government phases out the use of certain bank notes or coins, how can consumers find out the value of their discontinued money?

Bank of America is testing a new program that grants mortgages with no down payment for some people of color. Here’s how it works.

Big banks like JPMorgan and Bank of America are seeing massive fines for using the encrypted communication tool WhatsApp. Here's what we know.

Identity theft is costly to both businesses and consumers. The SEC has the Red Flags Rule in order to help reduce the risk of identity theft.

Recently, there were reports that China sent tanks to scare bank depositors. Is there a bank run in China in 2022? Are Chinese banks failing?

China has sent tanks to control protestors demanding their money from banks. Why is there a banking crisis in China?

Usually, Zelle transfers can only be reversed if the recipient isn't enrolled with Zelle yet. We'll break it all down for you. Keep reading.

Zelle won't work if the company is experiencing an outage or working on its network, or if there's an issue with your phone number or email.

Many economists are now predicting a U.S. recession. Here’s what happens to banks during a recession. Are your deposits safe during a recession?

Huntington Bank's mobile app hasn't been working for customers. Power outages disrupted the service, impacting online banking and customer service lines.

Christine Lagarde spent many years as a lawyer and has also been a political presence in France. What's her net worth as a successful political figure?

A New York ruled in favor of lifting the freeze Wells Fargo put on Wendy Williams' bank accounts. A financial guardian has been assigned to help her manage her money.

Former Wells Fargo employees have alleged the bank conducted fake interviews for posts that were already filled.

John Utendahl is a longtime Wall Street investment banker who previously owned his own firm. His net worth is estimated at $500 million.

Not to anyone's surprise, Deutsche Bank has once again been raided by authorities over money laundering suspicions. Is the bank corrupt?

Money laundering is a complex process in which criminals move money through various channels to "clean" it. Here's more on it, and some infamous examples.

As Goldman Sachs executed its first OTC crypto options trade, what is Goldman Sachs’ crypto prediction? Why is the bank bullish on crypto?

Some of the major banks are experimenting with the metaverse. Which banks are in the metaverse and will more follow suit as Web 3.0 unfolds?

Goldman Sachs completed an over-the-counter crypto options trade, which makes it the first bank to do so. Here’s what to know about the move.

You may have noticed that BB&T signs are getting replaced. What happened to BB&T Bank, and is it still in business?

TD is buying fellow banking corporation First Horizon in a multi-billion-dollar deal. Here’s what to know about the merger plus what will happen to FHN stock.

Russian citizens, concerned about the drop in the ruble's value and consequences of sanctions against Russia, lined up at ATMs and banks in a bank run over the weekend.

Accessing money is important, especially during a war. But what happens money in the bank during a war? Does the government seize it?

The SWIFT banking system is a messaging network that facilitates secure international financial transactions. Some nations have considered sanctioning Russia's access to SWIFT.

The largest bank in the U.S. is venturing into the metaverse. JPMorgan is the first U.S. bank to purchase land in the metaverse to launch its financial suite.

If you received a text message from Bank of America alerting you of a recent transfer or one that requests sensitive information, beware, it could be a scam.

Overdraft fees are one of the most tedious fees associated with having a bank account. But will an overdraft affect your credit score?

JPMorgan Chase closed Hayden Adams' bank accounts. He's the founder of Uniswap, which is the largest decentralized exchange (DEX). Why did the bank cancel his accounts?

Joining other banks with no or low overdraft fees, Bank of America said that it’s reducing its overdraft fees and eliminating its NSF fees.

After settling a class-action lawsuit, Wells Fargo has decided to change its overdraft fee policy. Wells Fargo is a leading financial services company.

Overall, banks should benefit as the Fed switches to hiking interest rates in 2022 due to high inflation. What are the best banking stocks to buy now?

How does Zelle make money? Learn more about the digital payment network and the scams that use Zelle to bilk people out of their money.

What’s David Solomon’s net worth? After rising to the top ranks at Goldman Sachs, where he now serves as CEO, Solomon launched a DJ career.