2 major banks about to go under:

[Swordsmyth]

Massive Layoffs At Swiss Banks

https://www.thefinancialtrends.com/2...t-swiss-banks/

[devil21]

The entire market of commodities is being manipulated. To be honest, I'm not sure how they do it, but the evidence is clear that it's being done. With all the talk of putting batteries in everything, the prices of lithium, cobalt, and copper should be going through the roof! There is simply not enough to go around. And yet, high prices in those materials would trigger alarm bells that would signal the end of TPTB's plans. So can't have that.

Noticed gold rocketed over $2000 today and held there and silver was even stronger. Before, they'd only let it barely breach 2k before quickly beating it back down. It's going to take a whole lot of short paper to push gold back below 2k again plus it's the start of new COMEX cycle. Today looks like a tide change imo. Dimon's banking comments got a lot of attention.

[Swordsmyth]

UBS Looks To Reassure Investors After Credit Suisse Merger

https://www.thefinancialtrends.com/2...suisse-merger/

[Swordsmyth]

US Regulator Scrutinizing JPMorgan Dealmaking

https://www.thefinancialtrends.com/2...an-dealmaking/

[Swordsmyth]

Largest US Banks See Over Half Trillion In Outflows

https://www.thefinancialtrends.com/2...n-in-outflows/

[Swordsmyth]

Big US FInancial Groups See $60 Billion In Outflows As Apple Offers 4.5% Savings Accounts

https://www.thefinancialtrends.com/2...ings-accounts/

[Swordsmyth]

Legacy Litigation Takes 52% Off UBS’s First Quarter Profits

https://www.thefinancialtrends.com/2...arter-profits/

[Swordsmyth]

First Republic Plunges After Q1 Earnings Report Shows Massive Deposit Outflows

https://www.thefinancialtrends.com/2...osit-outflows/

[oyarde]

Deposit outflows will continue.

[Swordsmyth]

Government Organizing Talks On New First Republic Bank Deal To Save Lender From Seizure

https://www.thefinancialtrends.com/2...-from-seizure/

[Swordsmyth]

Capital One Profits Come In Worse Than Feared

https://www.thefinancialtrends.com/2...e-than-feared/

[Swordsmyth]

Government Seeks To Arrange A Private Sector Rescue Of First Republic

https://www.thefinancialtrends.com/2...irst-republic/

[devil21]

JP Morgan Takes Over First Republic

No need for a link. The headline itself tells the story, no? The small story and the big story. TJ warned a long time ago.

[Swordsmyth]

FDIC Seeks Bids For First Republic Ahead of Receivership

https://www.thefinancialtrends.com/2...-receivership/

[oyarde]

JPMorgan now as more than ten percent of total US deposits.

[Swordsmyth]

JPMorgan now as more than ten percent of total US deposits.

JPMorgan Chase Acquires First Republic Bank with FDIC Backstopping Deal While Ignoring Current Banking Laws

[oyarde]

50 percent of deposits are now in four banks. there are 9 trillion in uninsured deposits , i'd expect a decline in that.

[devil21]

Study finds half of US banks are currently insolvent

https://www.telegraph.co.uk/business...credit-crunch/

graph key at link

[acptulsa]

Good.

Meanwhile, my credit union is growing so fast it makes my head spin.

[Swordsmyth]

Midsized Regional Lenders See Selloffs As First Republic Collapse Spooks Investors

https://www.thefinancialtrends.com/2...oks-investors/

[acptulsa]

https://twitter.com/PelosiTracker_/s...72970199371776

[acptulsa]

https://twitter.com/WallStreetSilv/s...83882737922049

[Bern]

Whole lot of this on the table as big banks swallow the regionals:

[devil21]

US and state officials investigating bank stock manipulation - may 5
https://www.reuters.com/markets/us/u...ce-2023-05-04/

May 4 (Reuters) - U.S. officials at the federal and state level are assessing the possibility of "market manipulation" behind big moves in banking share prices in recent days, a source familiar with the matter said on Thursday.
........................
Short sellers raked in $378.9 million in paper profits on Thursday alone from betting against certain regional banks, according to analytics firm Ortex.

Increased short-selling activity and volatility in shares have drawn increasing scrutiny by federal and state officials and regulators in recent days, given strong fundamentals in the sector and sufficient capital levels, said the source, who was not authorized to speak publicly.
.........................................
Short selling, in which investors sell borrowed securities and aim to buy these back at a lower price to pocket the difference, is not illegal and considered part of a healthy market. But manipulating stock prices, which the SEC has defined as the 'intentional or willful conduct designed to deceive or defraud investors by controlling or artificially affecting" stock prices, is.

An official with the U.S. Securities and Exchange Commission told Reuters on Wednesday the agency was "not currently contemplating" a short-selling ban.

It's -not- short selling. It's the same 'ol illegal naked shorting (helped along with media collusion posting fake news to create panic in certain tickers) as 08-09 and ever since. SEC knows but does nothing since the SEC's job is to protect their theft racket. Hedge fund and market maker greed alone will destroy the entire system if left unchecked, with nothing left to even think about rebuilding or transitioning to. JPM is happy to take the good assets at firesale prices and leave everyone else holding the bag. It's really quite ridiculous to watch unfold once you fully understand how they do it..... and no one in any position of authority does a thing about it.



Article from 2009 about naked shorting crashing the market: (comment section is gold and relates well to the GME thread, also)
https://www.deepcapture.com/2009/10/...short-selling/

At any rate, if you believe what you see in Taibbi’s video, Penson Financial gave that day trader a phony “locate” on quite a few of the unnamed big bank’s shares. In fact, the video seems to show Penson Financial confirming that it had “located” many billions of the unnamed big bank’s shares – altogether, five times as many shares as were then in circulation. In other words, it seems that if this trader had had the inclination and the funds, Penson would have accepted a massive naked short sale, helping the trader flood the market with billions upon billions of shares that simply did not exist.

[Madison320]

So it sounds like even the fed paying full price for the banks' crappy paper is not enough to save them. I'm guessing the fed will have to come up with a new bailout strategy pretty soon.

[Swordsmyth]

US Banking Crisis Deepens As PacWest Sees Shares Tumble

https://www.thefinancialtrends.com/2...shares-tumble/

[Swordsmyth]

Analyst: The Banking Crisis Will Hit Oil Hard

https://www.thefinancialtrends.com/2...-hit-oil-hard/


Regulators Investigating “Market Manipulation” In Banking Stocks

https://www.thefinancialtrends.com/2...anking-stocks/

[acptulsa]

[Swordsmyth]

Wrong thread.

[Swordsmyth]

New Study: Half Of US Banks, Over 2,000, Are Insolvent

https://www.thefinancialtrends.com/2...are-insolvent/


Gallup Polling Finds 50% Worry About The Safety Of Their Bank Deposits

https://www.thefinancialtrends.com/2...bank-deposits/