Operation Deimos
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Operation Deimos

Psalm 10:13 (BSB)
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July 29, 2020 10:01 PM
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Lawsuit: JPMorgan Chase Gave Preferential Treatment to Large Clients Seeking PPP Loans - PR Newswire

Lawsuit: JPMorgan Chase Gave Preferential Treatment to Large Clients Seeking PPP Loans - PR Newswire | Operation Deimos | Scoop.it
From www.prnewswire.com - July 29, 2020 6:52 PM
/PRNewswire/ -- JPMorgan Chase gave preferential treatment to large commercial banking clients seeking emergency loans through the Paycheck Protection Program...
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June 15, 2020 8:08 PM
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Wells Fargo, BofA, amongst banks going through probe on PPP loans | Fintech Zoom

Wells Fargo, BofA, amongst banks going through probe on PPP loans | Fintech Zoom | Operation Deimos | Scoop.it
From fintechzoom.com - June 15, 2020 6:57 PM

A Home panel overseeing the coronavirus response is launching probes into how a number of banks, together with JPMorgan Chase, Bank of America, Wells Fargo & Co and Citigroup Inc., made choices about find out how to implement small-business loans underneath the federal government’s Paycheck Safety Program. 

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"The investigations, launched by the Democratic-led Choose Subcommittee on the Coronavirus Disaster, is looking for to find out whether or not banks and Treasury Division steerage favored bigger, well-connected companies over smaller firms from rural or minority communities when making small enterprise loans to fight the financial fallout from the coronavirus pandemic." - By Laura Davison and Mark Niquette, Bloomberg

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