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Futuremash

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 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

JPMorgan Chase, Bank of America, Wells Fargo Suffer Major Outage As Customers Scramble to Locate Deposits

Several of America's biggest banks are facing a flood of complaints about issues with account balances and direct deposits. Customers…

November 3, 2023

JPMorgan Chase Processing $1,000,000,000 in JPM Coin Transactions Daily, Says the Bank’s Global Payments Head

A JPMorgan executive says the bank's flagship crypto is now processing a billion dollars worth of transactions every day. In…

October 28, 2023

$100,000,000,000 in Deposits Exit US Banking System in Three Weeks As Fed Survey Says Banks Face Financial Stability Risks

People and businesses are withdrawing billions of dollars in deposits from US banks as a new survey details concern on…

October 27, 2023

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

$37,560,000 To Be Given Away With No Catch in Major US Guaranteed Income Programs

A total of $37.56 million is being given away in a pair of guaranteed income programs in two of the…

October 27, 2023

Billionaire Paul Tudor Jones Says US in Weakest Financial Position Since World War II

Hedge fund billionaire Paul Tudor Jones is warning that the United States is at its most economically precarious point in…

October 24, 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