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The Daily Hodl

The Daily Hodl

Bank of America says it faces up to $800 million in losses due to ongoing regulatory investigations

The Daily Hodl
Summary
Nutrition label

73% Informative

Bank of America says it faces a “reasonably possible and estimable” loss of up to $800 million due to ongoing regulatory issues.

Investigators are reportedly probing BofA , along with JPMorgan Chase and Wells Fargo to determine whether the banks are properly reimbursing victims of fraud on the Zelle payments network.

VR Score

61

Informative language

54

Neutral language

70

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links