BREAKING‼️🇫🇷 5 MAJOR BANKS RAIDED over $100 BILLION fraud in France. Banks Raided: – HSBC– Societe Generale– BNP Paribas– Exane– Natixis pic.twitter.com/wN8RZBTHke — Radar 𝘸 Archie🚨 (@RadarHits) March 28, 2023 French Banks in connection with money laundering and aggravated tax …
U.S. banks borrowed $475 billion last week, but look at the breakdown: – Large Banks: +$250B– Small Banks: +$250B– Foreign-Related Banks: +$25B Small banks borrowed the same amount as large banks. Relative to their size small banks borrowed TWICE as …
By Graham Summers, MBA Now is the time to be particularly careful in the markets. First and foremost, the banking crisis is not over. This is quite concerning, because the Fed has pumped nearly $400 BILLION into the financial system in the …
View post on imgur.com Bank failures may be accelerating the default. h/t jlee2027
via Zerohedge: The cascade of defaulted regional US banks is blowing out the circulating inventory of distressed debt which expanded by about $65.9 billion last week as US insolvency courts saw six new, large bankruptcy filings, according to data compiled by Bloomberg. …
https://www.cnbc.com/2023/03/20/saudi-national-bank-loses-over-1-billion-on-credit-suisse-investment.html The Saudi National Bank confirmed to CNBC on Monday that it had been hit with a loss of around 80% on its investment in Credit Suisse. ” Saudi National Bank Chairman Ammar Al Khudairy on Wednesday was asked by Bloomberg …
by: Ethan Huff (Natural News) The failing 167-year-old Swiss usury branch of private central banking known as Credit Suisse is swimming in scandals, many of them horrendously appalling, that date back many years. Despite only just recently capturing headlines for its …
At its peak in 2022 the Fed’s balance sheet hit a high of $8.9T. Over the last year they got this down to around $8.3T. However since the fallout of SVB, in under a week, the Fed’s balance sheet has …
by: Ethan Huff (Natural News) The failure of Silicon Valley Bank (SVB) is just the tip of the iceberg as more than $620 billion in losses across the entire banking sector looms as a financial ticking time bomb. According to the Federal …
Republic Bank in what’s meant to be a sign of confidence in the banking system, the banks announced Thursday afternoon. Bank of America, Wells Fargo, Citigroup and JPMorgan Chase will contribute about $5 billion apiece, while Goldman Sachs and Morgan Stanley will deposit around $2.5 …
Bank of America has $113 Billion of unrealized losses on its balance sheet This represents >60% of tangible book value pic.twitter.com/rt6NgV4bBL — Jack Farley (@JackFarley96) March 15, 2023 Just like SVB, these “assets” aren’t Marked to Market. If they ever …
Swiss National Bank says it will provide Credit Suisse with liquidity if necessary h/t ethervillage
The list reveals that several popular corporations from a wide range of different industries supplied the movement with large sums of cash. Walmart, for example, which is based in Arkansas, gave a whopping $100 million in support of BLM and …
The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss …
The White House is asking Congress for a whopping $886.4 billion military budget for the fiscal year 2024, with $842 billion of it going to the Pentagon. The rest would go toward other federal agencies’ military spending, including the Energy …
The fallout from the run on the Silicon Valley Bank in California went international overnight, with British and European Union lenders seeing nearly £30 billion wiped off their portfolios and the Bank of England stepping in to take over the …
by Dismal-Jellyfish Good afternoon, resident jellyfish here! I hope everyone is enjoying a great Thursday. I want to take a minute to discuss a graph I am sure is going to catch some folks attention pulled from today’s H.4.1 release: https://fred.stlouisfed.org/series/RESPPLLOPNWW …
via washingtonexaminer: Taxpayers spend at least $182 billion a year on illegal immigration, the cost of providing services to an estimated $15.5 million immigrants. The bottom line for each taxpayer is a bill of $1,156, according to a new tally from the Federation …
Adidas announced on Wednesday that it would slash its dividend by 79% because severing ties with “Yeezy” designer Kanye West has decimated earnings to the tune of $1.3 billion. Last month we noted that shares of Adidas AG crashed on …
ZURICH (Reuters) -The Swiss National Bank reported on Monday an annual loss of 132.5 billion Swiss francs ($141.54 billion), in line with the provisional calculations it announced in January. The loss, the biggest in the central bank’s 115-year history, was …
via dailymail: China announced it will boost its military budget by nearly $230 billion this year amid concerns it will launch an invasion of Taiwan. The money is set to ‘boost combat preparedness and enhance military capabilities,’ claimed Premier Li …
Warren Buffett’s Berkshire Hathaway Inc BRK-A-N +0.04%increase on Saturday reported its highest-ever annual operating profit, even as foreign currency losses and lower gains from investments caused fourth-quarter profit to fall. Buffett called 2022 a “good year” for Berkshire in his …
NEW – United States readies an additional $10 billion in economic assistance for Ukraine, says Yellen.pic.twitter.com/82DXpcTmGf — Disclose.tv (@disclosetv) February 23, 2023
“We allege that the LDS Church’s investment manager, with the Church’s knowledge, went to great lengths to avoid disclosing the Church’s investments…” https://www.zerohedge.com/political/sec-charges-mormon-church-concealing-32-billion-portfolio
US banks are losing deposits on a year-on-year basis. This is very unusual, and negative deposit growth was indeed last recorded over 30 years ago. Banks might soon be forced to step up their game and pay more on deposits …
via foxnews: The United States continues to lead the world in contributions to Ukraine with nearly $200 billion in promised or sent aid, as the U.S. ally continues its fight against Russia. According to the Ukrainian government, the U.S. leads …
Full Article New US requirements will put Tesla under pressure to open up its EV charging network to rivals, per Reuters. If it doesn’t, it could miss out on getting in on the $7.5 billion in charger subsidies planned by …
Disney (DIS) will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs. As a result, the media giant plans to restructure the organization into three core business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences …
by Dismal-Jellyfish Good evening, jellyfish here! I hope everyone is enjoying a wonderful rest of the evening and an awesome start of the weekend. I want to take a minute to discuss a graph I am sure is going to …