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Watchman Warns Banks Are In Trouble Regional Bank Stocks Are Crashing Again…

HNewsWire: by Tyler Durden Yesterday it was NYCB that grabbed the headlines and spoiled Powell’s day. As we detailed here (and here), the banking crisis never went away and it now appears the rest of the market realizes that too as Regional Bank shares are extending their losses significantly today… This morning saw the US CRE crisis go global as Aozora Bank faced the music on its balance sheet folly. NYCB is extending losses (well below SVB lows)… Western Alliance Bancorp is getting clubbed like a baby seal today… Shares of Zions Bancorp, Comerica and Webster Financial are also tumbling along with Citizens Financial, Regions Financial, SouthState, Prosperity Bancshares, Schwab, PacWest, and Huntington Bancshares… The market appears to be finally pricing in the end of the BTFP, and all the chaos that will ensue from that,…

Jerome Powell Openly Admits That Banks Will Collapse This Year

By SRH, Earlier this week, in a Senate Banking Committee, the esteemed Fed Chair Jerome Powell reluctantly acknowledged that the United States is bound to confront a series of unavoidable banking collapses this year. However, he audaciously asserts that this forthcoming surge of calamities shall be within the realm of “manageable.” Another round of deceit from the Fed, as expected. The senator’s worries about the banking sector’s soundness and its exposure to commercial real estate were acknowledged by Powell. He verified that worried banks are receiving updates from the Federal Reserve, which is keeping a careful eye on the situation. Although Powell refrained from naming names or providing exact figures, he did say that additional banks, especially smaller ones with a greater reliance on commercial real estate, are likely to fail this year. The transition to remote employment has resulted…

By NWO Design, the Watchman Banks Are Failing. Republic First Bank in Philadelphia Was Too Exposed to the Real Estate Market, and the FDIC Has Taken Over,More to Come People!

By SRH, The New World Order folks continue to tear down our most important infrastructure,banking institutions,family,Churches Etc. The publicly traded Republic First Bancorp (ticker FRBK), which operated as Republic Bank, failed quietly on Friday, the first federally insured bank failure of 2024, according to the FDIC. This federally insured bank was trading at 1-cent on Friday, down from 27-1/2 cents when we initially reported on its precarious state in September of last year. Really, do Americans want to see a bank trading their life savings like a penny stock? Since the program’s establishment in 1933, no depositor in a federally insured bank has ever lost a penny if they remain under the government’s insurance cap on deposits. At the moment, the insurance limit is $250,000 per depositor per bank. Still, the terms penny stock and bank deposit are not a…

Watchman Banks Are In Trouble: New York Community Bancorp Cut To ‘Junk’ By Moody’s 33% Of Deposits Uninsured,the Crash is Coming

By SRH, HNewsWire Reporting: Embattled regional bank New York Community Bancorp received another blow Tuesday evening when Moody’s Investors Service lowered its credit rating to junk status. Moody’s downgraded New York Community Bancorp due to “challenges” stemming from the lender’s unexpected loss in the commercial real estate market. The downgrade reduced the bank’s credit rating by two notches from its prior level, indicating a significant lack of faith in the bank’s capacity to repay its debt holders. “NYCB’s core historical commercial real estate lending and significant and unanticipated loss on its New York office and multifamily property could create potential confidence sensitivity,” according to the assessment released by Moody’s Investors Service. Following the downgrading, New York Community Bancorp shares fell 17% in after-hours trading on Tuesday evening. This loss comes on top of a 22% selloff in regular trading. Credit…

Watchman: The Federal Reserve Has Abruptly Terminated the Banking Bailout Program That Has Been Sustaining Institutions. Expect Banks To Start Collapsing in the Near Future

By SRH, The federal authorities seem to be on the verge of closing down the regional National Banks in order to usher in digital currency. Last Month U.S. Treasurer [grannie] Yellen assured the Senate that all is well and the financial system is “stable.” With minimal attention from the mainstream, the Federal Reserve terminated an emergency bailout program yesterday that was designed to assist banks and financial institutions during the aftermath of the Silicon Valley Bank (SVB) collapse a year ago. Worried about the potential widespread contagion and bank runs following SVB’s downfall, the Federal Reserve established the Bank Term Funding Program (BTFP), offering more than $2 trillion in funds for banks to borrow in order to manage withdrawals and losses stemming from loans, bonds, derivatives, and other assets that had depreciated due to interest rate hikes causing significant unrealized…

Watchman: In the New World Order, Only Four Banks Will Dominate, With Nearly 10,000 U.S. Banks Vanishing Since 1985. The Power Is Now Concentrated in the Hands of These Mega Banks, Which Control 39+ Percent of All Bank Assets

HNewsWire: By Pam Martens and Russ Martens, According to Federal Deposit Insurance Corporation (FDIC) data, there were 14,417 federally-insured banking institutions in the U.S. in 1985. As of December 31, 2023, the FDIC reports there are only 4,587 remaining. The vast majority of the 9,830 banks that have disappeared since 1985 did not fail – they were merged with other banks. Today, just four banks control $9.3 trillion in consolidated bank assets or 39 percent of all bank assets. Those four banks are JPMorgan Chase with $3.395 trillion in consolidated assets; Bank of America with $2.540 trillion; Wells Fargo with $1.7 trillion; and Citigroup’s Citibank with $1.685 trillion. (All asset figures are as of December 31, 2023 and come from the Federal Reserve’s statistical release of the largest banks.) The political clout of these mega banks is such that one of them,…

Watchman: It’s the Moment When the Music Stops Playing, Investors Stop Buying, and the Ponzi Game Ends Abruptly. It’s a Hard Crash. America’s on the Brink of Its Minsky Moment

By SRH, The Bible reminds us to stay vigilant and protect our hearts from the corruption of sin. Evil can only infiltrate our lives if we allow it to take root in our hearts, much like a vampire needing an invitation into your home. The first step in this spiritual battle is acknowledging its existence and sincerely examining your heart. Remember, “For in the gospel the righteousness of God is revealed—a righteousness that is by faith from first to last, just as it is written: ‘The righteous will live by faith.’” (Romans 1:17) Realize that there is a war going on, and you are a part of it. Whether you like it or not, we are all involved in the ongoing spiritual warfare between good and evil. If you choose not to participate in the battle, you will still be…

Watchman Warning: Federal Agency Study Contradicts Fed Chair: Finds Banking System Is Ripe for Another Crisis and Remains “Fragile and Uncertain”

HNewsWire: By Pam Martens and Russ Martens: Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair Jerome Powell gave his semiannual monetary policy report to the House Financial Services Committee and the Senate Banking Committee in June. During both appearances, Powell stated the same thing: “The U.S. banking system is sound and resilient.” But according to a report last week from the federal agency whose mandate is to keep federal regulators apprised of the true condition of the U.S. banking system, it is actually ripe for another crisis and its condition is “fragile and uncertain.” The federal agency whose researchers are taking the latter position is the Office of Financial Research (OFR). The agency was created under the Dodd-Frank financial reform legislation of 2010 to prevent another 2008-style financial crisis by……...

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Watchman: Another US Bank Quietly Shutters, As Bank Runs Persist And Deposits Decrease

HNewsWire: By winepressnews The Federal Deposit Insurance Corporation (FDIC) seized the banks assets on November 3rd. In a press release the FDIC wrote: Citizens Bank, Sac City, Iowa, was closed today by the Iowa Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into a Purchase and Assumption Agreement with Iowa Trust & Savings Bank, Emmetsburg, Iowa, to assume all of the deposits of Citizens Bank. The two branches of Citizens Bank will reopen as branches of Iowa Trust & Savings Bank on Monday during normal business hours. This evening and over the weekend, depositors of Citizens Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as…

Watchman: Megabanks Like the Big Four in the United States Produce Financial Instability and More Severe Crises, Big Bank Collapse Coming

HNewsWire: By Pam Martens and Russ Martens: It took eight years of research to compile a data set of annual balance sheets of more than 11,000 commercial banks dating back to 1870 in 17 advanced economies. And in every country, the study arrived at the same finding: concentrating the banking system in the hands of five or less giant banks leads to financial instability and more severe financial crises. The bank balance sheets of the following countries were examined: Australia, Belgium, Canada, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, the United Kingdom, and the United States. The 150-year banking study is titled: “Survival of the Biggest: Large Banks and Financial Crises.” Its authors are Matthew Baron of Cornell University; Moritz Schularick of the Kiel Institute for the World Economy and Sciences; and Kaspar Zimmermann of the…