What it Means If Big Banks are Miscalculating their Losses
Big international banks calculations on unrealised losses are being questioned as to that might affect liquidity for customers in an economic downturn. Potentially, it has huge ramifications for their customers. How could it potentially affect the entire global banking system?
Show notes:
JPMorgan Chase, Bank of America and Citibank Flagged for Holding Trillions of Dollars in Derivatives Without Proper Contingency Plans: Report
https://dailyhodl.com/2024/06/22/jpmorgan-chase-bank-of-america-and-citibank-flagged-for-holding-trillions-of-dollars-in-derivatives-without-proper-contingency-plans/amp/
Lockbit 3.0 Claims Attack on Federal Reserve: 33 Terabytes of Sensitive Data Allegedly Compromised
Pietro Melillo : 24 June 2024 07:32
https://www.redhotcyber.com/en/post/lockbit-3-0-claims-attack-on-federal-reserve-33-terabytes-of-sensitive-data-allegedly-compromised/
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Music Credit: https://www.free-stock-music.com/alex...
Atomic by Alex-Productions | https://onsound.eu/
Music promoted by https://www.free-stock-music.com
Creative Commons / Attribution 3.0 Unported License (CC BY 3.0)
https://creativecommons.org/licenses/...
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This presentation was originally broadcast on Edge Radio Australia www.edgeradioaustralia.com
None of the information on this show is financial advice and we are not a licensed financial planning, accounting or law firm. Blu Sky Factory is simply an education company, which will give you factual information. We do not give any general or specific advice around finance, business, investing, options, trading, accounting, estate planning, or anything else. That is not what this presentation does. Please see a licensed financial planner/accountant/lawyer when it comes to any investment advice you need.
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