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Financeflux

Major US Bank Refuses to Reimburse Customer After Criminal Caught on Camera Stealing Cash From Account: Report

One of the biggest banks in the US reportedly refused to reimburse a customer despite security footage showing a criminal…

October 27, 2023

China Sees Biggest Capital Flight in Seven Years As $5,100,000,000 Exits Struggling Stock Market: Report

Banking giant Goldman Sachs says that China is weathering the biggest capital flight since 2016 amid struggling equities markets. In…

October 24, 2023

Bank Profits Surge by $280,000,000,000 Globally Due to Sharp Increase in Interest Rates: McKinsey

Banks are collectively posting their most substantial profits in a decade, according to a new assessment from the consulting giant…

October 22, 2023

$44,354,000,000 Exits Bank of America, Morgan Stanley and BNY Mellon in Three Months As Deposit Flight Refuses to Relent

Three US financial titans just witnessed the flight of $44.354 billion in deposits in a single quarter. According to Bank…

October 22, 2023

$18,500,000,000 in US Treasuries Sold by BRICS Trio of China, India and Brazil in One Month

A trio of BRICS member nations are unloading billions upon billions of dollars worth of US Treasuries. New numbers from…

October 22, 2023

JPMorgan Chase Sued for Allegedly Terminating Accounts and Failing to Return $1,160,000: Report

America's biggest bank is being sued for allegedly terminating several accounts and failing to ensure more than a million dollars…

October 21, 2023

Mysterious Withdrawals Hit Customers at Major US Bank, Plunging Some Accounts Into the Negative: Report

Customers at one of America's biggest banks are reportedly seeing erroneous withdrawals hit their accounts. Concerns over unexplained withdrawals at…

October 20, 2023

$84,500,000,000 Exits JPMorgan Chase, Wells Fargo and Citigroup in Three Months As Depositors Take Flight

Three of America's biggest banks just watched $84.5 billion worth of deposits disappear in a single quarter. JPMorgan Chase, Wells…

October 20, 2023

$106,120,000,000 Added to US Debt in One Week As Rockefeller Capital CEO Issues Warning to Investors

The total amount of debt owed by the US government is skyrocketing. The Treasury's FiscalData platform shows $106.12 billion has…

October 20, 2023

Fed Governor Says CBDC in the US Has ‘Unclear’ Use Case and Presents Significant Risks

Federal Reserve Bank governor Michelle Bowman says that the use case for a central bank digital currency (CBDC) in the…

October 18, 2023