Financeflux

$397,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows

Hundreds of billions of dollars in deposits have exited US banks this… More…

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$684,000,000,000 in Unrealized Losses Hammer US Banks As Fed Reveals Surge in Underwater Assets

US banks are now saddled with a staggering $684 billion in losses on… More…

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US Bank Accused of Abruptly Freezing Customer’s Account, Declaring Him Dead After Receiving Fake Phone Calls

One of the largest banks in the US is accused of shutting down a customer’s… More…

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Billion-Dollar Bank’s ATM Glitch Triggers Mad Rush for Cash As Machine Spits Out Double the Requested Amount

An ATM owned by a multi-billion dollar bank in London was reportedly… More…

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JPMorgan Chase Accused of Severely Damaging Multi-Million Dollar Business, Blocking Transactions and Triggering Mass Account Terminations: $600,000,000 Defamation Lawsuit

The world’s largest bank is facing a $600 million defamation… More…

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$102,178,826,000 Added To US Debt in Just 15 Days As Heritage Foundation Warns America Could Default ‘Sooner Rather Than Later’

The US government’s balance sheet is ballooning, with more… More…

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$18,745,000 To Be Handed Out With No Strings Attached As New Guaranteed Income Programs Launch in Four States

New guaranteed income programs are launching in four states across… More…

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JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks

Three US banking giants have just had their ratings downgraded to … More…

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Major US Bank Will Hand Out $1,400,000 for Treating People Like Criminals, Giving ‘Fake Reasons’ To Deny Services: CFPB

The Consumer Financial Protection Bureau (CFPB) is ordering financial… More…

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Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements

One of the largest licensed lenders in the US will pay a $15 million … More…

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