Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions

“Chinese stocks rebounded on Monday morning after Beijing unveiled a raft of measures meant to halt their nearly monthlong slide. But the rally proved to be short-lived as foreign investors used it as an opportunity to unload $1.1 billion of mainland Chinese equities, according to Bloomberg data. ” https://finance.yahoo.com/news/billions-dollars-flowing-chinese-markets-213851348.html

Instinet had $50B of $67B waived in Excess Capital Premiums Waived over a 2 Year Period. Instinet also received a massive waiver on January 28, 2021. FINRA: “Instinet experienced late reporting issues in connection with at least 26 billion events from November 2020 through December 2022”

by Dismal-Jellyfish https://www.finra.org/sites/default/files/fda_documents/2020067139101%20Instinet%2C%20LLC%2C%20CRD%207897%20AWC%20gg.pdf STILL NOT COMPLETE!!! Wut Mean?: Instinet was mandated to start reporting order data to the CAT Central Repository from June 22, 2020. Instinet hired a third-party vendor for CAT reporting, but their internal data specifications were inadequate for proper CAT-format reporting. In June 2020, Instinet informed FINRA …

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Silvergate Capital CEO Alan Lane to Exit as Crypto Bank Winds Down. Reminder, Citadel Securities is the owner of roughly 1.73 million shares or a 5.5% stake in Silvergate.

by Dismal-Jellyfish Source: https://www.marketwatch.com/story/silvergate-capital-ceo-alan-lane-to-exit-as-crypto-bank-winds-down-c5f5c698 Silvergate Capital Chief Executive Alan Lane and other executives are leaving the company amid the wind down and liquidation of Silvergate Bank. Lane and Chief Legal Officer John Bonino will both leave, effective Tuesday. Chief Financial Officer Antonio Martino will exit, effective Sept. 30. The company said in …

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Young people meet up on Oxford street to commit criminal acts in broad daylight. This is how little they fear the law in our capital city.

Young people meet up on Oxford street to commit criminal acts in broad daylight. This is how little they fear the law in our capital city. It’s a pity Sadiq Khan hasn’t found a way to charge £12.50 to stop lawlessness in London. https://t.co/xVHV2gWkTq — Chris Rose (@ArchRose90) August 9, …

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France has announced CODE RED travel advisories for the capital cities of Burkina Faso, Niger, and Mali.

🚨🇫🇷 France has announced CODE RED travel advisories for the capital cities of 🇧🇫 Burkina Faso, 🇳🇪 Niger, and 🇲🇱 Mali. Macron knows something we don't… pic.twitter.com/AJ1Eb0qkIV — Jackson Hinkle 🇺🇸 (@jacksonhinklle) August 7, 2023 BREAKING: France freezes all aid to Burkina Faso 🇫🇷🇧🇫 pic.twitter.com/J7geqVtHz6 — Jackson Hinkle 🇺🇸 (@jacksonhinklle) …

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Jackson Hinkle: THOUSANDS are gathered in Niger’s capital city to support the LIBERATION of Africa from France.

🇳🇪 THOUSANDS are gathered in Niger's capital city to support the LIBERATION of Africa from France. pic.twitter.com/ev4VTKBIGU — Jackson Hinkle 🇺🇸 (@jacksonhinklle) August 6, 2023 The man on the left seeks to overthrow the men on the right in a French-financed proxy war in West Africa. pic.twitter.com/X73l3nNYvo — Jackson Hinkle …

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Federal Reserve Alert! The Fed announces the individual capital requirements for all large banks, effective on October 1. The minimum capital requirement is 4.5 percent; The stress capital buffer requirement is at least 2.5 percent. Buckle up!

by Dismal-Jellyfish Source: https://www.federalreserve.gov/publications/files/large-bank-capital-requirements-20230727.pdf Wut mean?: Following its stress test earlier this year, the Federal Reserve Board today announced the individual capital requirements for all large banks, effective on October 1. Large bank capital requirements are in part determined by the Board’s stress test results, which provide a risk-sensitive and forward-looking …

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FICC-GOV,FICC-MBS,DTC,NSCC Alert! New Minimum Capital Requirements: the increased capital requirements take effect on August 26, 2023

by Dismal-Jellyfish https://www.dtcc.com/-/media/Files/pdf/2023/7/11/GOV1510-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/MBS1248-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/18775-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/a9319.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/a9319.pdf Wut mean? The National Securities Clearing Corporation (NSCC), along with the Depository Trust Company (DTC) and the Fixed Income Clearing Corporation (FICC), are increasing their minimum capital requirements for members. These changes were proposed in December 2021 and approved by the U.S. Securities …

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Fed Vice Chair proposes major banking regulation overhaul, requiring capital holding and risk modeling.

by Dismal-Jellyfish Fed Vice Chair for Supervision Michael S. Barr Proposes Major Banking Regulation Overhaul. Proposed changes aim to make banks more cautious in lending and trading practices by requiring them to hold more capital & wouldn’t be able to use their own models for certain hard-to-model market risks. Source: …

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Fed – Banks have enough capital to continue lending even if unemployment were to hit 10% and the stock market were to plunge 45%

All 23 US banks that participated in a new Federal Reserve stress test would be able to withstand a severe global recession, demonstrating the strength of the biggest financial institutions at a time when the banking industry still is on uncertain ground. Results released by the Fed Wednesday show that …

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FDIC Chair: “In the near term, the FDIC, together with the Federal Reserve & the Office of the Comptroller of the Currency, will issue a notice of proposed rulemaking to seek public comment on changes to the U.S capital framework to consider how best to incorporate the finalization of Basel III.”

by Dismal-Jellyfish Source: https://www.fdic.gov/news/speeches/2023/spjun2223.html TLDRS: After the 2008 financial crisis, banks were found to be undercapitalized and over-leveraged, leading to a complete overhaul of capital requirements through a set of rules known as Basel III. The aim was to ensure banks held enough capital to weather economic storms. However, Basel III …

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US Banks report largest capital outflow in 40 years. NYC’s Banking Commission frozen deposits at Capitol One Bank due to insolvency fears.

Us Banks Report Biggest Capital Outflow in 40 Years According to the report, US banks lost $472 billion in deposits during the January-March period, marking the fourth consecutive quarter of industry outflows. The decline was primarily from uninsured funds, the FDIC said, noting that insured deposits actually increased by $255.1 …

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