Financeflux

Luke Gromen Predicts US Government Will Implement QE to Prevent Crisis: ‘They’re Going to Print the Money’

Daisy HodleyNov 6, 20232 min read

US Government Will Resort to Money Printing, Says Investor Macro investor Luke Gromen predicts that the US government will be compelled to print more money in…

Financial Authorities in Switzerland Considering Bank Withdrawal Limits and Exit Fees, Reveals Controversial New Report

Daisy HodleyNov 4, 20232 min read

Swiss Authorities Considering Measures to Restrict Bank Withdrawals The Swiss National Bank and the Swiss Finance Ministry are reportedly discussing new measures to make it harder…

Upcoming BRICS Currency to Outshine US Dollar, Pound, and Euro, States Former Russian Minister

Daisy HodleyNov 4, 20232 min read

A BRICS Currency with Unique Attributes is Close to Launch, Says Former Russian Minister A former Russian minister, Sergey Glazyev, has stated in an interview that…

Iowa Bank Declared Insolvent Due to ‘Significant Loan Losses’: Fifth Bank Failure in 2023

Daisy HodleyNov 4, 20232 min read

Federal Deposit Insurance Corporation Shuts Down Iowa Bank Due to Loan Losses The Federal Deposit Insurance Corporation (FDIC) has closed Citizens Bank in Sac City, Iowa…

US Cities Roll Out New Guaranteed Income Programs Offering $4 Million in Free Money

Daisy HodleyNov 4, 20232 min read

A Pair of US Cities Launch New Guaranteed Income Programs, Distributing $4 Million in Free Money Two US cities are implementing guaranteed income pilot programs, offering…

PayPal Granted Permission to Engage in ‘Specific Crypto Asset Operations’ in the UK

Daisy HodleyNov 4, 20232 min read

PayPal Granted License to Operate as Crypto Asset Business in the UK PayPal has obtained a license from the Financial Conduct Authority (FCA) in the United…

Major Outage at JPMorgan Chase, Bank of America, and Wells Fargo Sparks Customer Panic in Search for Deposits

Daisy HodleyNov 3, 20232 min read

Major US Banks Experience Outages and Customer Complaints Several major US banks, including JPMorgan Chase, Bank of America, US Bank, Wells Fargo, and Truist, are currently…

Report: JPMorgan Chase Experiences $40 Billion in Unrealized Losses, while Bank of America, Wells Fargo, and Citigroup Are at Risk with US Treasuries

Daisy HodleyNov 3, 20232 min read

JPMorgan Chase Reveals Tens of Billions in Unrealized Bond Losses JPMorgan Chase has disclosed significant losses on securities, with around $40 billion in unrealized bond losses…

Billion-Dollar Bank Fined $29.5 Million for ‘Massive Fraud’ Enabling Criminal Access to $300 Million

Daisy HodleyOct 28, 20232 min read

The Federal Reserve and New York Department of Financial Services Fine US Bank $29.5 Million for Violating Bank Secrecy Act The Federal Reserve and the New…

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