firms Archives - Investment Watch Blog

JP Morgan Chase FINRA Discipline Alert! From January 2019 to July 2022, the firm’s financial risk management controls and supervisory procedures were not reasonably designed to prevent certain erroneous orders that exceeded appropriate price or size parameters. Punishment? A $750k fine & censure.

May 23, 2023 10:03 am

by Dismal-Jellyfish https://www.finra.org/sites/default/files/fda_documents/2018058111301%20J.P.%20Morgan%20Securities%2C%20LLC%20CRD%2079%20AWC%20gg.pdf The firm’s market access controls failed to prevent five erroneous orders routed to exchanges and alternative trading systems: On January 30, 2019, a firm trader on the Program Trading Agency Desk routed to the market an order …

So the Fed is asleep at the wheel? How many more firms has the Fed not appreciated the seriousness of critical deficiencies in a firm’s governance, liquidity, and interest rate risk management? Don’t they stress test for this stuff?!?

April 28, 2023 12:48 pm

by Dismal-Jellyfish Source: Federal Reserve Board announces the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr

Private equity uses govt pension funds to buy private firms, restructure them and lay private sector workers off. Govt. pensions are built on cutting private sector workers

February 6, 2023 9:37 pm

As public officials across America prepare to funnel even more of government workers’ savings to private equity moguls, an alarm just sounded for anyone bothering to listen. It is a warning that Wall Street executives, busy skimming fees off retirement …

Gun Shops And Customers Claim Credit Card Firms ‘Restrict’ Firearm Purchases

December 10, 2022 4:01 pm

(ZeroHedge) Gun rights advocates warned that a new change to the credit card industry to add a firearm and ammunition-specific Merchant Category Code (MCC) for gun stores wasn’t about tracking guns necessarily, but could lead to the denial of lawful firearms purchases by law-abiding …

Europe’s Central Bank Rules Out Liquidity Support For Energy Firms

September 11, 2022 1:33 pm

By Michael Kern The European Central Bank will not give short-term financing to European energy firms struggling through the energy crisis, sky-high prices, and margin calls on the derivatives markets, ECB President Christine Lagarde said on Friday. “As far as …

Energy Bills Risk Driving 10k UK Firms out of Business

September 9, 2022 5:43 pm

Tens of thousands of businesses in the UK are at risk of failure owing to high energy prices, according to a consulting firm. Red Flag Alert, which self-describes itself as the UK’s “number one insolvency scorecard,” said tens of thousands …

Crypto Firms Freezes Withdrawals & All Transactions Amid Crypto Market Tumble

June 14, 2022 5:07 pmJune 13, 2022 9:14 am

by Shanobido47 NOW – Global #cryptocurrency market cap drops below $1 trillion. pic.twitter.com/evEtyXs55X — Disclose.tv (@disclosetv) June 13, 2022 Watch Heise Says here https://www.nbcnews.com/news/us-news/crypto-firm-celsius-pauses-transfers-withdrawals-markets-tumble-rcna33200 Read Articles here… https://www.reuters.com/technology/crypto-firm-celsius-pauses-all-transfers-withdrawals-between-accounts-2022-06-13/

70 UK Firms Adopt 4‑Day Week

June 7, 2022 10:05 am

Thousands of workers across the United Kingdom are set to begin a four-day work week trial from Monday while still receiving 100 percent of their wages. The experiment has been arranged by not-for-profit organization 4 Day Week Global in partnership …

‘The number of firms in the Nasdaq Composite index is nearing levels last seen during the dot-com bust.’

June 1, 2022 10:34 pm

'The number of firms in the Nasdaq Composite index is nearing levels last seen during the dot-com bust.' https://t.co/tTuPx1NdDI via @thedailyshot pic.twitter.com/LKRTdBKSZH — Jesse Felder (@jessefelder) June 1, 2022 The Zombification of Nasdaq https://t.co/tTuPx1NdDI via @thedailyshot pic.twitter.com/Ky8lNMuKkm — Jesse Felder …

Grim warning as more Aussie building firms collapse

April 12, 2022 2:35 pm

by Boo_Randy The Royal Bank of Australia (RBA) has been even more reckless & irresponsible than the Fed when it comes to fueling insane speculative property bubbles with Money Printer Go BRRRR. Now the chickens are coming home to roost …

Mastercard And Visa Block Russian Firms… YouTube Blocks Russian Outlets RT And Sputnik Across Europe Effective Immediately

March 1, 2022 11:17 am

Mastercard and Visa have blocked multiple financial institutions in Russia from using their payment networks after the west slapped the country with tougher sanctions. Mastercard said that it would continue to work with regulators in the coming days, although it …

Hedge funds and other financial firms now own nearly 1/3 of the daily newspapers in America.

February 28, 2022 2:19 pm

60 Minutes episode tonight was about the decline of local newspapers (gazettes, tribunes and journals) due in part to ruthless hedge funds buying them up. Hedge fund, Alden Global Capital, has been called a “vulture,” bleeding newspapers dry. This secretive …

US Congress FINALLY acts on shipping containers to prevent shipping firms from price-gouging, and locking out American exports!

February 6, 2022 11:29 am

The Ocean Shipping Reform Act of 2022, a bill proposed in Washington by S.D. Sen. John Thune and Minnesota Sen. Amy Klobuchar, would make turning away products ready to go abroad more difficult for carriers. https://t.co/JDIuiy0x1r pic.twitter.com/ZxWkWwoGT6 — KELOLAND News …

Vast DOJ Probe Looks at Almost 30 Short-Selling Firms and Allies

February 5, 2022 9:09 am

https://news.bloomberglaw.com/securities-law/vast-doj-probe-looks-at-almost-30-short-selling-firms-and-allies The Federal Bureau of Investigation seized computers from the home of prominent short seller Andrew Left, the founder of Citron Research, in early 2021, some of the people said. In more recent months, the Justice Department subpoenaed certain market …

The “Great Ammunition Shortage” Will Continue, Two Firms Now Control The Ammo Industry

January 8, 2022 1:45 pm

https://www.youtube.com/watch?v=1VBN7BM_fB0 Talk to anyone who enjoys hunting, and they’ll tell you one of result is the ‘Great Ammunition Shortage of 2021.’ “5.56 ammunition for an AR-15 used to be about 33 cents a round,” said Mark Oliva, director of public …

Tech, finance firms buying up homes doesn’t bode well for everyone else…

January 4, 2022 11:19 am

Zillow, the nation’s biggest digital real estate company, announced recently that it would shut down Zillow Offers, its iBuying plan. The company attributed this decision to challenging labor market and supply chain conditions during the coronavirus pandemic. The iBuying, or …

China’s smallest firms failing at historic pace as 4.37 million close up shop and registrations plummet

December 31, 2021 10:17 pm

Small firms accounted for about 80 percent of China's non-government employment at the end of 2019. — Sunchartist (@sunchartist) January 1, 2022

ON RRP: A Deep Dive. The usage of RRP facility is being used to not invest in private firms, and is being used to prop up FFR, which in turn props up the USD. The MMFs are protecting themselves by parking their cash in a risk-free ON RRP facility, while helping the Fed prop up the USD.

December 28, 2021 1:59 pm

by laflammaster Found something interesting today – a 2015 paper on Overnight RRP as a Monetary Policy tool. https://www.federalreserve.gov/econresdata/feds/2015/files/2015010pap.pdf What this looks like is an economic analysis, and will explain the nature of RRP. Indeed, it confirms that the use …

US is home to 59 of the top 100 firms & has 65% of the market cap

December 19, 2021 4:24 pm

#Technology is the largest sector of the Top 100 Firms! 🇺🇸 $7.79 Trillion of total $20.55T 🇨🇳 $1.51 Trillion of $4.19T 🇪🇺 $578 Billion of $3.46T US is home to 59 of the top 100 firms & has 65% of …

US blacklists Chinese firms over ‘brain-control weaponry’

December 16, 2021 7:22 pm

The US Treasury has blacklisted 34 Chinese companies and research institutes, with Washington accusing one of the named institutes of developing “brain-control weaponry.” The Chinese institutes and firms were added to the department’s ‘Entity List’ on Wednesday, joining more than …

Why we are going to Crash… How the media is overlooking China… And how big firms are ignoring all the warning signs…

November 13, 2021 10:28 am

by [deleted] The next crash is going to be so big, that they actually need to have the American People, and people off the world bag hold all this shit… If the people dont bag hold, there wont be anything …

DailyMail: State Street, One of the World’s Biggest Investment Firms, Essentially Bans White Men from Being Hired

November 7, 2021 10:12 pm

Bosses at one of the world’s biggest investment firms State Street will need to get special permission to hire white men as part of new diversity drive State Street aims to triple number of black, Asian and other minority senior …

China orders top Energy Firms to secure supplies at all cost

September 30, 2021 5:32 pm

(Bloomberg) — China’s central government officials ordered the country’s top state-owned energy companies — from coal to electricity and oil — to secure supplies for this winter at all costs, according to people familiar with the matter. The order came …

Energy firms could get government loans to take on customers from companies that go bust

September 21, 2021 7:09 pm

Business Secretary Kwasi Kwarteng says energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under. Soaring global gas prices have throw the industry into crisis, hitting some smaller suppliers, but …

Wall Street firms buy up single-family homes during real estate boom

July 15, 2021 11:03 pm

https://www.youtube.com/watch?v=eDszwj9S1co The pandemic has created a real estate sales boom. People confined to their houses or apartments and working from home wanted more space, and historic low interest rates helped to drive prices through the roof. But tens of thousands …

Renting a home from Wall Street investment firms the new normal American Dream!

July 12, 2021 12:26 pm

American Dream of homeownership ironically vanished while the plandemic reset mantra was STAY HOME in your face. You will own nothing, and be happy! h/t virginem

Best to keep an eye on other Chinese listed firms

July 6, 2021 9:23 am

https://t.co/xftSw4sfAG — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) July 6, 2021