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Bank runs news, articles and information:

a long time ago - Bank runs news, articles and information:

Cyprus government's 'great bank robbery' of private accounts may set off bank runs across Europe

Financial experts predict plunging stock market, social unrest, bank runs before 2014

Concepts related to Bank runs

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More bank failures coming? FDIC takes control of First Republic Bank after second-biggest collapse in nation’s history

May 01, 2023 -

The bank's collapse is the latest in a slew of other bank failures that began in March. Nevertheless, we're being told 'all is well' by the same government officials and politicians who assured us that nothing like this could happen again after major federal legislation was passed in the wake of the '08 near-collapse of the entire U.S. financial system.

Oh, and now, as then, banks are being propped up with your tax dollars, though JPMorgan Chase moved to purchase First Republic ...

Israel declares major LAND GRAB in West Bank

a month ago -

Nevertheless, the growth of Jewish settlements in the West Bank is considered illegal under international law.

In 2016, the United Nations Security Council defined them as "a major obstacle to the vision of two states living side-by-side in peace and security."

Finance Minister Bezalel Smotrich, however, claimed that the declaration of state-owned land in the Jordan Valley on Friday, March 22, was "an important and strategic issue."

"While there are those in ...

Russian billionaire sues Israeli bank for freezing donation

December 29, 2023 -

(Article republished from RT.com)

ZAKA, which operates a specially trained team of volunteer paramedics and rescue professionals, has been at the center of the effort to recover the bodies of hundreds of Israelis, including from Gaza, following Hamas’ attack on October 7, which resulted in the death of 1,200 Israelis.

Roman Abramovich, who was granted Israeli citizenship in 2018, and ZAKA have filed a lawsuit against the bank, accusing it of unlawfully denying ...

Biggest stateside bank sees windfall profits amid struggling economy

January 15, 2024 -

(Article by Vince Quill republished from WLTReport.com)

JP Morgan Chase Co. saw a record $49.6 billion in profits for 2023 amid an ongoing banking crisis, record high inflation, and troubling macroeconomic trends.

The financial giant’s record profits represent a whopping 31% year-over-year increase from 2022.

Normally, during a period of high interest rates, the increased interest and banking fees are canceled out by the fact that fewer people are taking ...

National Australia Bank now debanking customers for “mean” speech

September 01, 2023 -

If someone else's feelings become hurt by something a NAB customer says or does, the bank will take away his or her bank account as punishment.

According to The Counter Signal, the NAB updated its terms and conditions in such a way as to turn its relationship with customers into something "that resembles that of a schoolteacher or grade school student."

Any NAB customer caught "making profane, derogatory, discriminatory or harassing comments to any person," ...

WEAPONIZED BANKING: Big UK bank freezes Nigel Farage’s accounts

July 09, 2023 -

Farage is a British politician who served as a member of the European Parliament from 1999 to 2020 representing several populist conservative parties like the United Kingdom Independence Party and the Brexit Party, with the overarching goal of getting Britain out of the European Union.

The acts against Farage's bank accounts is another boundary event in the gradual deployment and normalization of the weaponization of the global financial system to require compliance with ...

Poll: Americans don’t want a central bank digital currency

June 12, 2023 -

(Article by Adam Dick republished from RonPaulInstitute.org)

This result of the poll conducted from February 27 through March 8 in collaboration with YouGov is promising for Americans concerned about the threat a CBDC, which the Federal Reserve and big financial companies have been testing in preparation for its potential introduction, poses to freedom and privacy in America.

The poll results further indicate that, if Americans can be educated about the abusive government ...

Bank of America is an active enemy combatant targeting conservatives

7 days ago -

In a letter led by Kansas Attorney General Kris Kobach, the dozen some-odd "red" states asked the financial institution to release all documents related to its account cancellation policies. The letter also petitions Bank of America to update its terms of service to prohibit discrimination against clients based on their political or religious affiliation.

The issue came to a head after it was revealed that Bank of America sent the FBI and the U.S. Treasury private consumer ...

Sudden local bank closures in San Francisco area surprise residents

November 15, 2023 -

In March, the Silicon Valley Bank (SVB) in Santa Clara failed as depositors pulled their funds due to panic from the venture capital community that SVB served. Days later, federal regulators shut down Signature Bank in New York over concerns that a panic run would strike the area next.

Credit Suisse, Switzerland’s second-largest bank, followed, requiring a government-arranged sale to avoid a similar insolvency crisis. By May, the crisis has reached San Francisco, where ...

Israeli settlers capitalize on conflict to erect ILLEGAL West Bank outposts

23 days ago -

The report, based on data collected by activists and corroborated with satellite imagery by Al-Jazeera's verification unit, Sanad, reveals the establishment of at least 15 illegal outposts, and 18 illegal roads, along with numerous fences and roadblocks. (Related: “Great Israeli Real Estate Event” sparks outrage after illegally advertising properties that are on track to be confiscated from besieged West Bank.)

The expansion of Jewish settlements in the occupied West Bank, ...

Biden’s government caught surveilling bank transactions of conservatives and Trump supporters

January 21, 2024 -

It was further disclosed that the federal investigators asked banks to use search terms such as "TRUMP" and "MAGA" when surveilling customer data in the aftermath of the Jan. 6 Capitol riot. Furthermore, individuals who shopped at stores like Cabela's or Dick's Sporting Goods, or purchased religious texts like a bible, may also have had their transactions flagged.

"This kind of pervasive financial surveillance, carried out in coordination with and at the request of federal ...

Argentina’s President-elect Javier Milei says central bank shutdown NON-NEGOTIABLE

November 30, 2023 -

Milei's office said in a statement posted on the X platform that the BCRA's closure was a "non-negotiable matter." The statement appeared to be a response to "false rumors," Reuters said. Aside from the remarks about the central bank, the statement also confirmed several appointments in Milei's cabinet.

Economist Osvaldo Giordano from the central Cordoba region will lead Argentina's National Social Security Administration, a key institution that could come under fire ...

Bank payment processing outages highlight risks of relying on electronic banking

November 17, 2023 -

The effects of the outages were far-reaching. Many people’s payroll direct deposits failed, leaving them unable to access the money they earned. ACH payments also failed to process, which resulted in late fees. There were also duplicated withdrawals, which left many customers in a bind after their money was taken out twice for a single transaction. Between Wells Fargo, Chase and Bank of America, there were almost a million failed transactions in total.

A precise cause ...

Former Zelensky backer charged over EMBEZZLEMENT of $250M from Ukrainian bank

September 11, 2023 -

The National Anti-Corruption Bureau of Ukraine (NABU) charged oligarch Igor Kolomoysky with embezzlement on Sept. 7, alongside five other unnamed suspects. The businessman and his accomplices reportedly seized more than 9.2 billion Ukrainian hryvnias ($250 million) from the Ukrainian lender PrivatBank in 2015. The illegal seizures sought to finance his dealings and increase his share in the bank's authorized capital.

A NABU statement published on Telegram said Kolomoysy, ...

Glitch? Wells Fargo bashed by bank account holders over missing deposits

August 09, 2023 -

Said clients contacted the bank via Twitter, now officially branded as 'X,' claiming they could not access money that they deposited into the bank. One account alleged that the firm stole $4,000 from him. Wells Fargo then overdrafted the customer's account.

The bank responded to the irate customer. "Our technical teams are aware and are working to resolve this issue as soon as possible," it said.

@wellsfargo.. you stole almost 4000 from me that I deposited on 8/2....