Tag: Wells Fargo & Company

Banks Should Have Better Customer Relations When Closing an Account

When banks close checking and credit-card accounts because of “suspicious activity,” chaos and anxiety ensue. It doesn’t have to be this way.

Sex Workers Have Been Shunned by Banks, Even When Their Work Is Legal

Financial service companies often avoid what they deem high-risk industries like adult entertainment. When workers lose their accounts, they are left with few options.

Jamie Dimon Warns of ‘Most Dangerous Time in Decades’ as Banks Report Big Profits

JPMorgan Chase and Wells Fargo said that consumers continued to borrow and spend, but their chiefs warned that risks were intensifying.