An elderly couple who kept a $75,000 house deposit after their buyers' bank missed the settlement deadline by hours have maintained they did nothing wrong after they were slammed for keeping the money. They were given a 30-day settlement but it became apparent Westpac bank would not make the 5pm October 20 cutoff - leading to Mr Trau making panicked …
JPMorgan Chase & Co. found that some of its employees improperly applied for and received Covid-relief money that was intended for legitimate U.S. businesses hurt by the pandemic, according to a person with knowledge of the matter. The bank discovered the actions, all of which were tied to the Economic Injury Disaster Loan program, after noticing that suspicious amounts of …