The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
A Wells Fargo lawsuit alleges JPMorgan and Chetrit Group knew historical net operating income reported in loan documents was "dramatically inflated." ...
Wells Fargo & Co. sued JPMorgan Chase & Co. over a defaulted $481 million commercial real estate loan, claiming JPMorgan ...
Shares of the bank stocks JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) fell 1.7% and 2.2%, respectively, for no ...
NEW YORK (Reuters) -Wells Fargo (WFC) sued JPMorgan Chase (JPM)on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently ...
The trustee for a group of investors alleges the debt was based on an inflated historical net operating income.
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Wells Fargo Sues JPMorgan Over Failed $481M Real Estate Loan
Wells Fargo & Company WFC has filed a lawsuit against JPMorgan Chase JPM to recover investor losses stemming from a troubled $481-million commercial real estate loan that was based on a fraudulently ...
Shares of major financial companies JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Warren Buffett holding American Express (NYSE: AXP) were all down significantly on Monday, falling 3.8% ...
Recessions are bad for financial stocks, even best-of-breed ones.
Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...