FINRA fines Pershing LLC (Bank of NY Mellon) only $175,000 for failing to report millions of fractional share trades over 26 years. August 9, 2024 9:56 am
People on X(Twitter) are saying the Swiss Giant Bank, UBS has collapsed. CEO in talks with buyer/rescue November 23, 2023 3:20 pm
Retired slightly early with plenty of $$ in the bank. Had to go get a job again. November 17, 2023 6:28 pm
Footage of Israeli soldiers torturing and humiliating Palestinians in the West Bank. October 31, 2023 9:39 am
Central Banks in Crisis: Fed, Sweden’s Central Bank, and Bank of England Seek Taxpayer Bailouts October 29, 2023 5:03 pm
Back In Red! C&I Loan Lending Standards Tightening To Recession Era Levels (Bank Credit Growth Remains Negative For Twelve Straight Week) October 24, 2023 10:12 pm
Christine Lagarde, president of the European Central Bank, said that the digital euro would not have the anonymity of cash October 2, 2023 9:04 am
It begins: Ally Bank, a major player in auto lending space, is beginning headcount reductions. September 29, 2023 9:57 pm
FDIC Announces Start of Marketing Process for $33 Billion Commercial Real Estate Loan Portfolio of Former Signature Bank, New York. September 5, 2023 4:51 pm
Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank. August 27, 2023 9:30 pm
The Commercial Real Estate/Small Bank Boogie! CRE Crisis Could Cause Small Banks To Collapse (Bank Credit Growth Now Negative As 10Y-2Y Yield Curve Remains Inverted) August 11, 2023 3:38 pm
Bidenomics In One Chart! Bidenomics Benefits The Elites (Top 1%) Far More Than The Common Man (Bottom 50%) In Terms Of Net Worth (Bank Credit Growth Crashing To Earth) July 28, 2023 4:09 pm
Swiss National Bank, in guessing, provides liquidity “for purpose” for Credit Suisse’s toxic positions…from my vantage/assessment, “infinite liquidity” would be a closer approximation. June 20, 2023 9:43 am
Hedge funds are betting against short-dated Treasuries as the Federal Reserve’s tightening cycle is far from over… World Bank: Global economic growth expected to slow to 2008 levels June 12, 2023 8:21 am
Deutsche Bank: Massive debt defaults by companies are imminent due to fastest monetary tightening in 15 years. June 2, 2023 7:36 pm
Despite Getting Whacked by Bank Turmoil, Layoff News, Credit Crunch, High Interest Rates, and Inflation, our Drunken Sailors Spent Even More, Even Adjusted for Inflation June 1, 2023 7:41 pm
Invasion of Privacy! New Supreme Court Ruling Allows the IRS to Access Your Bank Records Secretly June 1, 2023 4:05 pm
Goldman Sachs, the Bank That Almost Sank World Economy in 2008, Is At It Again June 1, 2023 5:26 pmMay 31, 2023 9:24 pm
Jay Powell’s Fed hasn’t yet realized the full gravity of what’s coming… There are clear risks of devastating market crashes, domino bank failures, a highly destabilizing Credit contraction May 31, 2023 10:59 amApril 3, 2023 12:25 am
If the bank can’t pay out a competitive interest rate (since they have money locked up in investments that pay a lower interest rate), people are naturally going to withdraw their money over time for higher-rate investments. May 31, 2023 10:59 amApril 1, 2023 6:37 pm
RUMOR that Bank of America will be buyer of Signature Bank… There’s a problem though… May 31, 2023 10:59 amMarch 18, 2023 3:10 pm
Bank Run Underway? Updated commercial bank deposit data shows $54.1738 Billion in deposits removed. Last week saw it going from $17.64t to $17.61t (-$30b)–$80+ Billion removed from deposits in the last two weeks! May 31, 2023 10:59 amMarch 18, 2023 3:06 pm
FDIC Reportedly On Scene At First Republic Bank Headquarters! May 31, 2023 10:58 amMarch 12, 2023 1:19 pm
Pacwest Bank is worse than First Republic. Contagion spreading. May 31, 2023 10:58 amMarch 12, 2023 1:09 pm