Facebook has asked the largest US banks to share detailed financial data about their customers in order to "deepen user engagement" on its Messenger platform, reports The Wall St Journal.  The information Facebook wants includes card transaction information and cheque account balances, and has been meeting with JPMorgan Chase, Wells Fargo, Citigroup and US Bancorp to discuss "potential offerings" it could host for bank customers. It has also talked about showing Facebook users their current account balances and fraud alerts. Facebook's share price jumped on the news. The UK's peer-to-peer lenders are alarmed by proposals to block all but "sophisticated", very wealthy and well-advised retail investors, reports the FT. RateSetter CEO Rhydian Lewis said the industry would fight back against the Financial Conduct Authority's attempt to restrict investment and its characterisation of P2P platforms as high-risk investments. The FCA's consultation paper proposes placing the same restrictions on P2P as apply to high-risk platforms such as equity crowdfunding sites. This would mean investors would need to be certified as "sophisticated, be very wealthy, be advised by an authorised person or certify they will not invest more than ten per cent of their net assets," the FT says. Wells Fargo has set aside US$8 million to compensate customers forced out of their homes due to a computer glitch, reports Finextra. In an SEC filing last week, the bank revealed that a coding error between 2010 and 2015 caused an "automated miscalculation" while determining whether customers qualified for a mortgage loan modification. This resulted in over 600 customers being incorrectly denied (or not offered) a loan modification - and 400 of those customers later lost their homes when the bank foreclosed.