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Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow

Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis GrowThe U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according to the Fed’s Division of Supervision and Regulation. 722 Banks […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’

JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’JPMorgan Chase CEO Jamie Dimon says the U.S. banking crisis is not over and “there will be repercussions from it for years to come.” The executive added that recent bank failures “have significantly changed the market’s expectations,” and the odds of a recession have increased. JPMorgan CEO Jamie Dimon on U.S. Economy, Recession, and Banking […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo Facility

How the Federal Reserve Is Now Competing With Banks for Deposits: Enter the Reverse Repo FacilityThe U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” which has currently drawn in more than $2 trillion in deposits. According to analysts, this has affected bank deposits, as investors run to grab the higher yields it offers compared to traditional banks. The […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking CrisisAfter the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Balaji Srinivasan Warns US Government Will Cut Off Access to Bitcoin (BTC) As Banking Crisis Deepens

Balaji Srinivasan Warns US Government Will Cut Off Access to Bitcoin (BTC) As Banking Crisis Deepens

Former Coinbase chief technology officer Balaji Srinivasan is predicting that the US government will cut off access to Bitcoin (BTC) in response to the “banking crisis.” In a new interview on the Bankless podcast, Srinivasan predicts that a lot of US fiat banks “will go to zero” and the US government will try to stop people […]

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Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces