Financeflux

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… More…

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$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… More…

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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… More…

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PayPal Receives Greenlight To Conduct ‘Certain Crypto Asset Activities’ in the United Kingdom

Global payments giant PayPal just secured a license from financial… More…

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Billion-Dollar Bank Pays $29,500,000 Fine Over ‘Massive Fraud’, Allowing Criminals to Access $300,000,000

The Federal Reserve and New York Department of Financial Services… More…

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$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… More…

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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 … More…

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China Sees Biggest Capital Flight in Seven Years As $5,100,000,000 Exits Struggling Stock Market: Report

Banking giant Goldman Sachs says that China is weathering the biggest… More…

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Bank Profits Surge by $280,000,000,000 Globally Due to Sharp Increase in Interest Rates: McKinsey

Banks are collectively posting their most substantial profits in… More…

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$18,500,000,000 in US Treasuries Sold by BRICS Trio of China, India and Brazil in One Month

A trio of BRICS member nations are unloading billions upon billions… More…

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