The US Virgin Islands reportedly wants JPMorgan Chase to pay at least $190 million to resolve a lawsuit accusing the largest US bank of ignoring Jeffrey Epstein’s sex trafficking.
The Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay more than $250 million after the company "wrongfully withheld credit card rewards, double-dipped on fees, and opened accounts without consent," according to CFPB Director Rohit Chopra.
The tests, which took place over 12 weeks with some of the world's leading banks, including Citigroup Inc. and Wells Fargo & Co., sought to evaluate the potential of digital currencies to enhance both domestic and international payment systems.