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 ...
American Banks Closed 273 Branch Locations in May Alone
At least 273 bank locations closed across the United States in May, while 46 opened that month. Many major banks ...
Is the Banking Crisis Being Orchestrated?
As a banker and economist, I am riveted by the expeditious demise of Silicon Valley Bank and other institutions. Were ...
Financial Ice Age: What Would Happen if EVERY Bank Account Was Frozen?
What would happen in the event of a financial Ice Age? I don’t mean with this a literal Ice Age. ...
The Big Government-Big Bank Plot To Exploit Us
On May 1, government bank officials sold Republic Bank to JP Morgan Chase, the largest bank in the country. Even ...
