Wells Fargo Sues JPMorgan Chase Over Soured $481,000,000 Loan, Says US Bank Aware Seller Had Inflated Income: Report

Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial property loan. Wells Fargo is suing JPMorgan Chase, the largest back in the US, over accusations it greenlighted a real estate loan even though it allegedly knew that the financial statements were fraudulent, reports Reuters. […] The post Wells Fargo Sues JPMorgan Chase Over Soured... source: https://dailyhodl.com/2025/03/16/wells-fargo-sues-jpmorgan-chase-over-soured-481000000-loan-says-us-bank-aware-seller-had-inflated-income-report/