2024 Starts With Deposit Flight From Large Banks, Loan Volumes Shrink — But Trouble Is Brewing for Small Banks
(Zero Hedge)—Bank reserves at The Fed rose considerably last week expanding The Fed's balance sheet by the most since the SVB ...
Tag: Banks
Biggest Bank in US Records Most Profitable Year Ever Despite Sector Crisis
(Daily Caller)—Top U.S. bank JP Morgan Chase on Friday reported $49.6 billion in profits for 2023, a record for the ...
Banks Are Closing Thousands of Branches and Retailers Are Shutting Down Thousands of Stores
(The Economic Collapse Blog)—If the U.S. economy really is in “good shape”, then why are so many prominent businesses rushing ...
This Was the Worst Year for Banks Since 2008
This may have been the worst year for the banking sector since 2008. First Republic Bank, Silicon Valley Bank, and ...
Community Banks Are Getting Crushed By Inflation-Fueled Rate Hikes
(Daily Caller)—Small community banks are feeling the brunt of the Federal Reserve’s interest rate hikes that were put in place ...
Bank Bailout Program Balance Surges Again in December
(Schiff)—What’s going on with US banks? Over the last month, loans outstanding in the Federal Reserve bank bailout program increased ...
JPMorgan Chase to Shut Down Nearly 160 Bank Branches Across the U.S.
(Natural News)—JPMorgan Chase, America's largest bank, will have shut down 159 branches across the country by the end of 2023. For ...
The Entire Banking System Is Shaking
Why are big banks suddenly rushing to shut down so many local branches all over the nation? As I have ...
Fed Bank Bailout Program Borrowing Surged in November
(Schiff)—The financial crisis that kicked off in March continues to bubble under the surface. Total outstanding loans in the Federal ...
More Problems With the Banks: JPMorgan Chase, Bank of America and Wells Fargo Have All Had Their Ratings Downgraded
(The Economic Collapse Blog)—There is a reason why I am watching the banks so carefully. The banks are the beating ...