Trump Sues JPMorgan, Jamie Dimon over Alleged ‘Woke’ Debanking
President Donald Trump sued JPMorgan Chase and CEO Jamie Dimon on Thursday, alleging the bank closed his and related entities’ accounts for political reasons following the Jan. 6, 2021 riots at the U.S. Capitol, CNBC reported.
California Fines Crypto-Lending Platform without State License
California’s Department of Financial Protection and Innovation (DFPI) fined crypto lending platform Nexo Capital Inc. $500,000, alleging the company made crypto-backed consumer and commercial loans to Californians without the required state license.
French Raids Escalate Probe in Altice Fraud and Money-Laundering Allegations
French investigators have stepped up their probe into alleged corruption at Patrick Drahi’s Altice telecoms group with a series of coordinated raids across the country, seizing cash, luxury goods and other assets, Bloomberg reported.
Westpac Hit with A$20-Million Fine over Home‑Loan Violations
Australia’s Federal Court has ordered Westpac’s mortgage brand RAMS Financial Group to pay A$20 million (about US$13 million) after finding widespread breaches in the way it arranged home loans, including approvals supported by falsified pay slips, Reuters said.