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Futuremash

Bankrupt Crypto Exchange FTX Files Motion To Sell $744,000,000 Worth of Assets

Bankrupt crypto exchange FTX is asking a judge for permission to sell off $744 million worth of assets. A new…

November 7, 2023

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’

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