Chase Bank
National bank headquartered in New York City
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2024 | Chase Bank experienced a significant ATM system glitch that enabled users to withdraw money using fraudulent checks, resulting in a potential check kiting fraud incident. |
May 2023 | Chase acquired the assets of First Republic Bank, continuing its strategy of strategic acquisitions. |
2022 | The U.S. government filed a lawsuit against JP Morgan Chase Bank, accusing the bank of facilitating, sustaining, and concealing Jeffrey Epstein's human trafficking network. |
September 2021 | JPMorgan Chase launched its first international retail banking operation by introducing an app-based current account and deposit account in the United Kingdom under the Chase brand, marking the company's first retail banking expansion outside of the United States. |
August 2021 | Chase announced it became the first bank to have a retail presence in all 48 contiguous United States, with its first branch in Montana located in Billings. |
2020 | Chase CEO Jamie Dimon commits to $600 million in new mortgages for Black homeowners and new homeowners in Chicago neighborhoods during a video address at a branch reopening in South Shore. |
June 2020 | Protests occurred at Chicago Chase branches in response to the unequal lending practices report, highlighting racial disparities in mortgage lending. |
2019 | Chase faced criticism for allegedly targeting personal accounts of online personalities like Martina Markota and Enrique Tarrio (Proud Boys chairman), with speculation that the account closures were politically motivated. |
2019 | Chase began expanding its retail branch presence in Pittsburgh and Western Pennsylvania, entering the market organically and receiving approval from the Office of the Comptroller of the Currency. |
October 2019 | A study revealed that Chase Bank invested $75 billion in fossil fuels, more than any other bank, sparking significant criticism and environmental protests over its fossil fuel industry investments. |
2018 | Completion of the home purchase lending analysis showing JP Morgan Chase loaned 41 times more in Chicago's white neighborhoods compared to black neighborhoods. |
2014 | Chase continued targeting and closing accounts of legal sex workers and other businesses deemed 'morally questionable', including medical marijuana dispensaries and gun-related businesses. |
2013 | Chase began cancelling personal and business accounts of legal sex workers, citing a 'morality clause' in account agreements. This practice extended to mortgage accounts and business loans. |
2012 | City Bureau and WBEZ Chicago begin analysis of home purchases in Chicago, revealing significant disparities in lending practices between white and black neighborhoods by JP Morgan Chase. |
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