Tag Archives: Chase

UniCredit, HSBC Seek to Dismiss Madoff Investor Suit

July 3, 2011 – 5:30 PM

UniCredit Bank Austria AG and other defendants asked a judge to dismiss a lawsuit by foreign investors in funds that put money with con man Bernard Madoff, saying they were being cast as “scapegoats for Madoff’s intentional criminal acts.”

By Timothy Blake | Posted in HSBC, JPMorgan Chase | Also tagged , , , , , , , , | Comments Off

JPMorgan Chase ordered to apologize

February 14, 2011 – 9:17 AM

JPMorgan Chase had to publicly apologize before Congress to military families for the bank’s financial abuse of Americans fighting in Iraq and Afghanistan over the same period. In violation of the Servicemembers Civil Relief Act, designed to protect those serving overseas during their absences from home, JPMorgan overcharged at least 4,500 soldiers on their mortgages [...]

By Timothy Blake | Posted in General Finance, JPMorgan Chase | Also tagged , , , | Comments Off