Banking

US Banking Industry Could Take Massive Hit To Stock Prices in Coming Months, Says Macro Guru Hugh Hendry

The US banking industry could see its stock prices plummet within … More…

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US Banks Suffer $18,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report

America’s biggest banks are taking hits to their bottom line… More…

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‘Free Money’ Bank Error Goes Viral, Letting Customers Withdraw Cash That’s Not In Their Account

A software bug at a billion-dollar bank has allowed customers to withdraw… More…

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Wells Fargo and 10 Firms Face $549,000,000 Fine Over Illegal Use of WhatsApp, Signal and iMessage

US regulators just hit Wells Fargo and 10 additional firms with a half-billion… More…

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US bank reveals $170M in crypto holdings: Q2 earnings report

Sofi started offering crypto services even before it became a bank… More…

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Crypto’s Path Forward Could Follow the Financial World’s Departure From LIBOR

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Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens

Heartland Tri-State Bank of Elkhart was closed on July 29, with the… More…

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A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else

The British Brexiteer could call on the media and his far-right friends… More…

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Existential threat? Why some banks are anxious about CBDCs

The prospect of a retail CBDC has some major banks anxious over their… More…

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Central Bank Chief Accused of $300,000,000 Embezzlement, Money Laundering and Tax Evasion Scheme Has Luxury Property Seized: Report

A judge in Lebanon has reportedly seized several luxurious properties… More…

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