Category: Banks

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Delinquencies on Office Property Loans at Banks are at 8 Percent While Office Loans the Banks Sold to Investors Show 31 Percent in Trouble – Pam Martens and Russ Martens 5/13/24

Source: WallStreetOnParade.com

On Friday, the Federal Reserve released its semiannual Supervision and Regulation Report on banks. Commercial real estate loans at banks – particularly on office properties – continued to rank high on the Fed’s list of concerns. The Fed included the chart above showing that delinquency rates on office property loans held by the banks had skyrocketed from just over 1 percent at the end of 2022 to over 8 percent as of December 31, 2023. (The red text and arrow have been added by Wall Street On Parade.)

Continue reading “Delinquencies on Office Property Loans at Banks are at 8 Percent While Office Loans the Banks Sold to Investors Show 31 Percent in Trouble – Pam Martens and Russ Martens 5/13/24”

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JPMorgan Chase and its Regulators are Hiding Dark Trading Secrets at the Largest and Riskiest U.S. Bank – Pam Martens and Russ Martens 5/7/24

Source; WallStreetOnParade.com

Last Wednesday, JPMorgan Chase, the publicly-traded parent of the largest federally-insured bank in the United States as well as a five-count felon, revealed in a filing with the Securities and Exchange Commission that on top of the $348 million it paid out in March to two of its banking regulators for sketchy trading violations involving “billions” of trades on 30 global trading venues, it “expects to enter into a resolution with a third U.S. regulator that will require the Firm to, among other things, pay a civil penalty of $100 million….” (See “Trading Venues Investigations” on page 168 of the SEC filing at this link.) JPMorgan Chase did not name this third regulator but Bloomberg News reported that it is the Commodity Futures Trading Commission.

Continue reading “JPMorgan Chase and its Regulators are Hiding Dark Trading Secrets at the Largest and Riskiest U.S. Bank – Pam Martens and Russ Martens 5/7/24”

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Campus Protests Over Gaza Open a Pandora’s Box for Wall Street Megabanks that Underwrote $8 Billion of Israel’s Bonds in March – Pam Martens and Russ Martens 5/6/24

Source: WallStreetOnParade.com

The pro-Palestinian protestors on college and university campuses across the U.S. have opened a pandora’s box for the Wall Street megabanks that underwrite billions of dollars in Israel bonds – including $8 billion in March of this year – at a time when Israeli Prime Minister Benjamin Netanyahu’s conduct of the war in Gaza has come under broad condemnation.

U.S. Senator Bernie Sanders of Vermont, who is Jewish, described Netanyahu’s war operation as follows on the April 28 edition of CNN’s State of the Union:

“Right now, what Netanyahu’s right-wing, extremist and racist government is doing is unprecedented in the modern history of warfare. They have killed in the last six-and-a-half months 33,000 Palestinians, wounded 77,000, two-thirds of whom are women and children.

Continue reading “Campus Protests Over Gaza Open a Pandora’s Box for Wall Street Megabanks that Underwrote $8 Billion of Israel’s Bonds in March – Pam Martens and Russ Martens 5/6/24”

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The First Bank Failure of 2024 Leaves a 1-Cent Stock for Investors and $667 Million in Losses for the FDIC – Pam Martens and Russ Martens 4/29/24

Source: WallStreetOnParade.com

Quietly on Friday, the FDIC announced the first federally-insured bank failure of 2024, the publicly-traded Republic First Bancorp (ticker FRBK) which did business as Republic Bank. In an unsettling sign of the times, this federally-insured bank was trading at 1-cent on Friday; down from 27-1/2 cents last September when we first reported on its dire condition.

Continue reading “The First Bank Failure of 2024 Leaves a 1-Cent Stock for Investors and $667 Million in Losses for the FDIC – Pam Martens and Russ Martens 4/29/24”

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USAA Becomes Second Bank to Cancel Accounts of Pro-Trump Lawyer John Eastman – Calvin Freiburger 4/18/24

Source: LifeSiteNews.com

Former Trump attorney John Eastman says that top Bank of America and military-family financial services provider USAA have both shut down his accounts without explanation amid the conservative legal scholar’s ongoing woes stemming from his role in challenging the 2020 election results.

Continue reading “USAA Becomes Second Bank to Cancel Accounts of Pro-Trump Lawyer John Eastman – Calvin Freiburger 4/18/24”

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Billionaire-Owned Media Has Gone Full Throttle to Save Fellow Billionaire, Jamie Dimon – Pam Martens and Russ Martens 4/22/24

Source: WallStreetOnParade.com

The Washington Post Editorial Board appears to have sipped the same kool aid as Bloomberg News.

As we’ve frequently reported in the past, Bloomberg News has spent the better part of the last decade attempting to brainwash the public into believing that the head of JPMorgan Chase, Jamie Dimon, is a respected statesman of Wall Street. (See here, here, and here.) In reality, JPMorgan Chase has admitted to an unprecedented five criminal felony counts with Dimon at the helm and paid fines in the tens of billions of dollars for an additional crime wave that rivals an organized crime family.

Continue reading “Billionaire-Owned Media Has Gone Full Throttle to Save Fellow Billionaire, Jamie Dimon – Pam Martens and Russ Martens 4/22/24”

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The Fed Has Negative Capital Using GAAP Accounting – Pam Martens and Russ Martens 4/11/24

Source: WallStreetOnParade.com

The Fed’s unprecedented experiments with years of ZIRP (Zero Interest Rate Policy) and QE (Quantitative Easing), where it bought up trillions of dollars of low-yielding U.S. Treasuries and agency Mortgage-Backed Securities (MBS) and quietly parked them on its balance sheet, are now posing a threat to the Fed’s flexibility in conducting monetary policy.  (Since 2008, the Fed’s concept of conducting monetary policy has come to enshrine serial Wall Street mega bank bailouts as a regular part of its monetary policy. Large and growing cash losses at the Fed may seriously crimp such future bailouts.)

Continue reading “The Fed Has Negative Capital Using GAAP Accounting – Pam Martens and Russ Martens 4/11/24”

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Jamie Dimon Huddles in Private with Biden Bigwigs as his Bank Faces More Crime Charges – Pam Martens and Russ Martens 4/1/24

Source: WallStreetOnParade.com

Remember that time in 2016 when Attorney General Loretta Lynch decided she would take a private meeting with Bill Clinton on her plane as it was parked on the tarmac in Phoenix – while his wife, Hillary Clinton, was under federal investigation for using an unsafe private email server at her New York home to receive classified government emails when she was Secretary of State?

What President Biden’s Vice President, Kamala Harris, and his Chief of Staff, Jeff Zients, did in mid-March was equally scandalous. Harris had a “one-on-one lunch at the White House” with Jamie Dimon, the Chairman and CEO of the most crime-riddled bank in the United States, JPMorgan Chase. Zients also separately met with Dimon. That reporting comes courtesy of reporters Joshua Franklin and James Politi of the Financial Times (paywall). It has not been disputed by the Biden administration.

Continue reading “Jamie Dimon Huddles in Private with Biden Bigwigs as his Bank Faces More Crime Charges – Pam Martens and Russ Martens 4/1/24”

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Five Banks Have a Combined Half Trillion Dollars in Commercial Real Estate Loans; Number 1 is JPMorgan Chase – Pam Martens and Russ Martens 3/28/24

Source: WallStreetOnParade.com

Yesterday, American Banker released a report showing that five banks in the U.S. hold a combined half trillion dollars in commercial real estate (CRE) loans. It came as a big surprise to a lot of folks that the bank holding the largest amount of CRE loans is JPMorgan Chase – whose bank holding company is also exposed to $49 trillion in derivatives as of December 31, 2023 according to the Office of the Comptroller of the Currency. (See Table 14 at this link.)

Continue reading “Five Banks Have a Combined Half Trillion Dollars in Commercial Real Estate Loans; Number 1 is JPMorgan Chase – Pam Martens and Russ Martens 3/28/24”

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The Meltdown of Commercial Real Estate – Peter St Onge 3/25/24

Source: Brownstone.org

In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of US banks.
Leaving taxpayers on the hook for trillions in losses.

The note, by Senior Editor James Crombie, walks us through the festering hellscape that is commercial real estate.

To set the mood, a new study predicts that nearly half of downtown Pittsburgh office space could be vacant in 4 years. Major cities like San Francisco are already sporting zombie-apocalypse downtowns, with abandoned office buildings baking in the sun.

Continue reading “The Meltdown of Commercial Real Estate – Peter St Onge 3/25/24”

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Stripe, Substack Demand Financial Details from Authors – Robert W. Malone MD 3/18/24

Source: rwmalonemd.substack.com

Financial privacy is a right under the constitution, as is free speech.

Under the guise of “credit review”, Stripe is now rolling out a requirement that appears to target conservative or “anti-vax” Substack authors. Stripe is requiring that these authors provide all of their current and historic financial records associated with the bank account into which Stripe deposits Substack subscriber payments (after taking 10% off the top for Substack and 3% for Stripe).  Stripe already has information concerning this bank account (including deposits from Stripe), as we have been doing business with Stripe via this account for over two years.

Continue reading “Stripe, Substack Demand Financial Details from Authors – Robert W. Malone MD 3/18/24”

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Jamie Dimon and Nine of his Top Executives at JPMorgan Chase Have Dumped Over $150 Million of their JPMorgan Stock in Last Two Months – Pam Martens and Russ Martens 2/26/24

Source: WallStreetOnParade.com

According to Form 4 filed with the Securities and Exchange Commission by corporate insiders, ten of the key executives at the largest bank in the United States, JPMorgan Chase, have dumped more than $150 million in common stock in the bank this year. The sales come as the bank’s stock has been hitting all time highs while the scandals at the bank are also hitting unprecedented levels.

Continue reading “Jamie Dimon and Nine of his Top Executives at JPMorgan Chase Have Dumped Over $150 Million of their JPMorgan Stock in Last Two Months – Pam Martens and Russ Martens 2/26/24”

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UFOs, Drugs, and The Great Reset – Matthew Ehret 9/5/23

Source: TheLastAmericanVagabond.com

Just when you thought that every possible type of propaganda has already been unleashed onto the world, Congressional hearings on aliens entered the scene in 2023.

Of course, the world has been awash in UFO-themed narratives within pop culture since the earliest days of the Cold War.

Even Laurence Rockefeller himself (4th grandson of John D. Rockefeller) got into the game in 1992 by creating the Disclosure Project and bankrolling a bodybuilding military physician named Stephen Greer while recruiting the Clintons and John Podesta into the cause of ‘UFO Truth’… but it is only in the past few years that official Congressional, Pentagon, and NASA investigations “into off world vehicles not made on this earth“, Area 51, Roswell crashes, and crop circles have become part of the official mainstream discourse of the nation.

Continue reading “UFOs, Drugs, and The Great Reset – Matthew Ehret 9/5/23”

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How a CBDC Created Chaos and Poverty in Nigeria – Jan M. Fijor 9/1/23

Source: Mises.org

It is no coincidence that Nigeria, with a population of over two hundred million, became the first serious global testing ground for central bank digital currencies (CBDC) implementation. Not only is it the wealthiest country on the continent where the globalists are making plans, but Nigeria also possesses significant hydrocarbon and metals reserves and talented citizens. For these reasons, it can serve as a relatively good example for the rest of the poorest continents.

Continue reading “How a CBDC Created Chaos and Poverty in Nigeria – Jan M. Fijor 9/1/23”

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Gary Gensler’s SEC Is Drawing a Dark Curtain Around Child Sex Trafficker Jeffrey Epstein, His Money Man Leslie Wexner and Their Ties to JPMorgan – Pam Martens and Russ Martens 8/25/23

Source: WallStreetOnParade.com

On March 15, 2022, U.S. Attorney General Merrick Garland issued a Memorandum to the heads of executive departments and to federal agencies mandating how they were to handle Freedom of Information Act requests. Garland wrote:

Continue reading “Gary Gensler’s SEC Is Drawing a Dark Curtain Around Child Sex Trafficker Jeffrey Epstein, His Money Man Leslie Wexner and Their Ties to JPMorgan – Pam Martens and Russ Martens 8/25/23”

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New Court Documents Suggest the Justice Department Under Four Presidents Covered Up Jeffrey Epstein’s Money Laundering at JPMorgan Chase – Pam Martens and Russ Martens 8/21/23

Source: WallStreetOnParade.com

Remember all of that sensational social media buzz in 2016 about a politically-connected ring of pedophiles operating out of a pizza parlor in Washington, D.C.? The story was debunked by Snopes but not before it had gone viral.

While the pizza parlor was getting plenty of attention, an actual, highly sophisticated, child sex-trafficking ring had been operating with impunity for more than a decade out of the largest bank in the United States, JPMorgan Chase.

Based on astonishing internal documents from JPMorgan Chase obtained during discovery in a federal lawsuit and filed on the court docket last week, it now appears that the U.S. Department of Justice has turned a blind eye toward this bank’s facilitation of Jeffrey Epstein’s sex trafficking crimes for more than 16 years, during the administrations of four separate Presidents of the United States.

Continue reading “New Court Documents Suggest the Justice Department Under Four Presidents Covered Up Jeffrey Epstein’s Money Laundering at JPMorgan Chase – Pam Martens and Russ Martens 8/21/23”

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NAB, Comm Bank and ANZ Introduce New Transfer Restrictions that Give Them More Control of Your Money; as the Move to ‘Cashless’ Branches Rolls On – Daily Mail 8/6/23

Source: DailyMail.co.uk

Australia’s crypto community is up in arms as the Big Four banks move to stop transfers to digital currency sites in the name of ‘protecting customers’ from scams.

Daily Mail Australia reported on Sunday that the Commonwealth Bank has set a strict $10,000 monthly limit on the amount a customer can transfer to crypto exchanges and related sites.

It can now be revealed that this follows similar moves by NAB, Westpac and ANZ.

Continue reading “NAB, Comm Bank and ANZ Introduce New Transfer Restrictions that Give Them More Control of Your Money; as the Move to ‘Cashless’ Branches Rolls On – Daily Mail 8/6/23”

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World Bank Group Goes Woke – Moon Of Alabama 8/9/23

Source: MoonOfAlabama org

The World Bank Group is a global institution controlled by the U.S. government. It is supposed to lend low interest money to developing countries in need.

Last year the position of its president became controversial. David Malpass, a former Treasury official, was perceived as being ambiguous about the cause of climate change. In February he threw the towel:

The president of the World Bank will step down from his post in June, leaving the organisation almost a year before his term was due to end.

Continue reading “World Bank Group Goes Woke – Moon Of Alabama 8/9/23”

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Former FBI Agent Prepared to Testify that JPMorgan Had Jeffrey Epstein Account for 28 Years – Not 15 Years, and “Impeded” Criminal Investigation of Epstein – Pam Martens and Russ Martens 8/2/23

Source: WallStreetOnParade.com

On July 24th and 25th, the Attorney General’s Office for the U.S. Virgin Islands filed dozens of documents in the court case it has launched against the largest federally-insured bank in the United States – JPMorgan Chase – in a U.S. district court in Manhattan. A quick glance at the giant blur of filings indicated that the vast majority had been filed under seal. (See a partial screen shot here.) The U.S. Virgin Islands is credibly alleging in its lawsuit that JPMorgan Chase “actively participated in Epstein’s sex trafficking venture” where dozens of underage girls were sexually assaulted by Epstein or his rich pals.

Continue reading “Former FBI Agent Prepared to Testify that JPMorgan Had Jeffrey Epstein Account for 28 Years – Not 15 Years, and “Impeded” Criminal Investigation of Epstein – Pam Martens and Russ Martens 8/2/23”

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Comer: 6 Major Banks Filed 170 Suspicious Activity Reports on Bidens for Money Laundering, Human Trafficking, Fraud – Frank Bergman 7/28/23

Source: SlayNews.com

House Oversight Committee Chairman James Comer (R-KY) has dropped a bombshell by revealing that six major American banks have filed over 170 suspicious activity reports (SARs) against Democrat President Joe Biden’s family.

According to Comer, the banks, including JPMorgan, Bank of America, and Wells Fargo, filed the SARs with the Treasury Department regarding alleged serious criminal activity involving the Bidens.

Continue reading “Comer: 6 Major Banks Filed 170 Suspicious Activity Reports on Bidens for Money Laundering, Human Trafficking, Fraud – Frank Bergman 7/28/23”

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Chase Bank Shuts Accounts of Natural Health Advocate Dr. Joesph Mercola, Refuses To Say Why – Cindy Harper 7/25/23

Source: ReclaimTheNet.org

In a recent wave of unexpected closures, JP Morgan Chase has terminated a number of bank accounts associated with Florida-based health retailer, Mercola Market, along with the personal accounts of its employees and their families. The firm’s owner, Dr. Joseph Mercola, is known for his criticism of COVID-19 vaccines and promotion of natural health.

The exact reasons behind these abrupt terminations remain undisclosed. However, numerous employees speculate that these moves may be politically-driven, triggered by Dr. Mercola’s overtly dissenting stance on the public health narrative around COVID-19….

Read More…

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Putin Signed Digital Ruble Law Making a CBDC Possible in Russia – CoinDesk 7/24/23

Source: CoinDesk.com

Russia’s president Vladimir Putin signed the digital ruble bill into law today, allowing the country’s central bank to issue its own digital currency.

The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia’s Civil Code. The digital ruble accounts will be managed by the central bank, the law says. The bill passed its third, final hearing on July 11 and had been waiting for the president to be signed.

Continue reading “Putin Signed Digital Ruble Law Making a CBDC Possible in Russia – CoinDesk 7/24/23”

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‘Disgraceful’ Coutts ‘De-Banked’ Nigel Farage Because of his Conservative Views, Internal Dossier Reveals – Thomas Brooke 7/19/23

Source: RMX.news

Nigel Farage had his bank accounts shut down with the high-net-worth bank Coutts after officials decided the former conservative politician’s views did not align with the bank’s values, it has emerged.

Continue reading “‘Disgraceful’ Coutts ‘De-Banked’ Nigel Farage Because of his Conservative Views, Internal Dossier Reveals – Thomas Brooke 7/19/23”

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Brazil’s CBDC Allows Government To Freeze Funds, Developer Discovers – Christina Maas 7/17/23

Source: ReclaimTheNet.org

In a disquieting discovery, the Brazilian Central Bank Digital Currency (CBDC) is reportedly designed with a feature enabling the government to freeze user funds and adjust balances. The revelation emerged after Pedro Magalhaes, a prominent blockchain developer and founder of Iora Labs, managed to decode the underlying technical details of the CBDC.

Continue reading “Brazil’s CBDC Allows Government To Freeze Funds, Developer Discovers – Christina Maas 7/17/23”