Financeflux

$174,303,000,000 in Deposit Flight Hits US Banks in Three Months As S&P Global Declares Banking Industry Is ‘Gradually Shrinking’$174,303,000,000 in Deposit Flight Hits US Banks in Three Months As S&P Global Declares Banking Industry Is ‘Gradually Shrinking’

$174,303,000,000 in Deposit Flight Hits US Banks in Three Months As S&P Global Declares Banking Industry Is ‘Gradually Shrinking’

New numbers are shedding light on the multi billion-dollar flow of capital out of the US banking system. In a…

November 11, 2023
$120,000 Exits Citibank Account in Mysterious Scam – And Bank Tells Customer to Get a Lawyer$120,000 Exits Citibank Account in Mysterious Scam – And Bank Tells Customer to Get a Lawyer

$120,000 Exits Citibank Account in Mysterious Scam – And Bank Tells Customer to Get Lawyer

A resident of Skokie, Illinois is suing banking giant Citibank on behalf of his disabled sister over the sudden disappearance…

November 11, 2023
Wells Fargo Refuses To Refund Customer After Thousands of Dollars Allegedly Exits Bank Account Without Authorization: ReportWells Fargo Refuses To Refund Customer After Thousands of Dollars Allegedly Exits Bank Account Without Authorization: Report

Wells Fargo Refuses To Refund Customer After Thousands of Dollars Allegedly Exits Bank Account Without Authorization: Report

One of America's biggest banks is reportedly refusing to reimburse a customer after thousands of dollars vanished from his account.…

November 10, 2023
JPMorgan Chase and Citibank Are Abruptly Terminating Accounts, Triggering Chaos and Confusion for Customers: ReportJPMorgan Chase and Citibank Are Abruptly Terminating Accounts, Triggering Chaos and Confusion for Customers: Report

JPMorgan Chase and Citibank Are Abruptly Terminating Accounts, Triggering Chaos and Confusion for Customers: Report

A new report is calling out JPMorgan Chase, Citibank and the US banking system at large for kicking loyal customers…

November 10, 2023
$5,940,000 in Cash Handouts Incoming As US State Becomes New Guaranteed Income Testing Ground$5,940,000 in Cash Handouts Incoming As US State Becomes New Guaranteed Income Testing Ground

$5,940,000 in Cash Handouts Incoming As US State Becomes New Guaranteed Income Testing Ground

Millions of dollars will soon be given away with no strings attached as new guaranteed income programs launch on the…

November 10, 2023
‘They’re Gonna Print the Money’: Investor Luke Gromen Says US Government Will Be Forced Into QE To Avert Crisis‘They’re Gonna Print the Money’: Investor Luke Gromen Says US Government Will Be Forced Into QE To Avert Crisis

‘They’re Gonna Print the Money’: Investor Luke Gromen Says US Government Will Be Forced Into QE To Avert Crisis

Macro investor Luke Gromen says the US government will soon be forced to print more money to address its rising…

November 6, 2023
Bank Withdrawal Limits and Exit Fees Under Consideration by Financial Authorities in Switzerland, According to Contentious New ReportBank Withdrawal Limits and Exit Fees Under Consideration by Financial Authorities in Switzerland, According to Contentious New Report

Bank Withdrawal Limits and Exit Fees Under Consideration by Financial Authorities in Switzerland, According to Contentious New Report

The Swiss National Bank and the Swiss Finance Ministry are considering new measures that would make it more difficult for…

November 4, 2023
Fifth Bank Failure of 2023 Declared, Iowa Bank Insolvent Due to ‘Significant Loan Losses’Fifth Bank Failure of 2023 Declared, Iowa Bank Insolvent Due to ‘Significant Loan Losses’

Fifth Bank Failure of 2023 Declared, Iowa Bank Insolvent Due to ‘Significant Loan Losses’

The Federal Deposit Insurance Corporation (FDIC) has shut down a bank in Iowa after regulators discovered "significant loan losses" on…

November 4, 2023
BRICS Currency ‘Almost Ready’, Will Be Much More Attractive Than US Dollar, Pound and Euro, Says Ex-Russian MinisterBRICS Currency ‘Almost Ready’, Will Be Much More Attractive Than US Dollar, Pound and Euro, Says Ex-Russian Minister

BRICS Currency ‘Almost Ready’, Will Be Much More Attractive Than US Dollar, Pound and Euro, Says Ex-Russian Minister

A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch. In an interview with…

November 3, 2023

$40,000,000,000 in Unrealized Losses Hits JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Face Exposure to US Treasuries: Report

JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities, according to a new report on…

November 3, 2023