#AccountClosure

@profittradingusa.bsky.social

7 months ago

Exclusive-JPMorgan denied it closed account linked to former Kansas governor on religious grounds, letter shows By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase denied it closed an account linked to former Kansas Governor Sam Brownback on religious grounds, and did not receive information it requested from him before shutting the account, according to a letter seen by Reuters. Brownback, a Republican who chairs the National Committee for Religious Freedom, claims the bank canceled the group’s new account on religious grounds in 2022. He also alleged Chase shuns conservatives and religious groups. President Donald Trump has accused the nation’s biggest lenders of discriminating against him and his conservative supporters by denying them banking services, a practice known as "debanking." "We don’t discontinue client relationships because of a religious or political affiliation, and we didn’t with your account," wrote Larry Thode, a managing director at Chase, in a letter in October 2022. The contents of the letter have not been previously reported. "The information your organization gave to us at account opening triggered our request for additional information. That had nothing to do with any religious affiliation." The bank did not obtain the information before the account was closed because its bankers were not able to connect with Brownback’s staff in a timely manner, it said. "We apologize for that," Thode wrote. A spokesman for Brownback said the letter was the first time Chase had discussed regulations including the Bank Secrecy Act and anti-money laundering regulations as a cause for the account being canceled. "They still didn’t address why our account was closed just three weeks after opening." The White House declined to comment on Brownback’s case. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is JPM one of them?

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Microcomputer Technology

@microtech.bsky.social

7 months ago

Popular savings accounts in Japan are facing automatic closure by banks due to inactivity. Account holders should check their accounts to avoid losing access to their funds. Japan #banking #finance #savings #accountclosure #money Link

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newusasportsbook.com

@newusasportsbook.bsky.social

7 months ago

Can Bovada Close Your Account? Everything You Need to Know If you’re an online gambler or sports bettor, you may have come across Bovada, one of the most popular online gambling platforms. However, you might find yourself asking, can Bovada close your account? In this article, we will delve into the reasons why your account might be closed, the process involved, and what steps you […]

#Bovada #OnlineGambling #SportsBetting #GamblingTips #AccountClosure

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Posts tagged #AccountClosure