âThis is the worst woke story Iâve seen,â Fox Business host Larry Kudlow said about Bank of Americaâs use of environmental, social, and governance (ESG)Â metrics against its own customers. Kudlow made his comments during a Friday interview on his WABC radio show with Breitbart Economics Editor John Carney. The topic of discussion was a Breitbart
Kudlow on Consumersâ Research Report About Bank of America: âThe Worst Woke Story Iâve Seenâ
Tech glitch allows Bank of Ireland customers to withdraw up to $1K in money they donât have
Hundreds of Bank of Ireland customers rushed to ATMs across the country Tuesday night after a technical glitch allowed them to withdraw up to $1,000 in money they didnât have in their accounts, according to local reports. Cars lined up outside the Bank of Ireland location in Lisduggan at 10 p.m. where customers were cashing […]
Consumer Advocacy Group Targets Bank of America for Pushing ESG
Stock photo via Getty Advocacy group Consumersâ Research launched its âBank of UnAmericanâ campaign targeting the nationâs second-largest banking institution, Bank of America, over its use of environmental, social, and governance (ESG) strategies. As Breitbart News previously reported, ESG policies are a form of leftist activism in financial investing that has become the latest vector to influence the
Kentucky bank mass shooter planned out attack and intended to livestream, police say
Louisville gunman Connor Sturgeon planned out his massacre ahead of time and intended to livestream the crime, according to authorities. Sturgeon, 25, began a livestream on Instagram and positioned the phone in his shirt pocket to capture the murders, according to police warrants. “Messages and notes from the device were shown to have plans on […]
Louisville bank shooter’s dad says Connor Sturgeon’s brain will be checked for CTE: report
The 25-year-old Louisville banker accused of murdering five colleagues and shooting eight other people before police killed him in a standoff in the lobby of a downtown office building will have his brain checked for signs of an irreversible degenerative brain condition, according to a local report. Connor Sturgeon, an employee of the Old National […]
California’s Dem Senate hopefuls vie for higher ground over Silicon Valley Bank debacle
Rep. Katie Porter leaned on those bonafides to spotlight a bipartisan 2src18 bill that, she argues, carved up landmark Wall Street reforms that were put in place after the last global financial crisis. | Apu Gomes/Getty Images The Democrats vying in Californiaâs already-heated 2src24 Senate contest donât disagree much on the response to Silicon Valley
Louisville bank shooting 911 audio reveals desperate calls, mother’s warning
Louisville authorities have released 911 calls and radio traffic that reveal the panic Monday as police raced to stop an active shooter at an Old National Bank location downtown in the Kentucky city. The gunman, 25-year-old bank employee Connor Sturgeon, killed four and wounded nine before police shot him dead. One of the wounded victims […]
In the Wake of Bank Collapses, Biden Prepares to Seize Control of All U.S. Dollars
The following content is sponsored by InvestorPlace. Your control of your money is about to be ripped away from you. Bidenâs been busy resurrecting a government program that was the brainchild of Obama. His plan cannot be stopped even if he loses the 2src24 election. You are running out of time to protect yourself. The
Report: Silicon Valley Bank Trying to Find Buyer over the Weekend
The parent company of Silicon Valley Bank (SVB) is looking for a buyer after the bank was shuttered by regulators on Friday amid a massive drain of deposits and losses on its securities portfolio, Bloomberg reported. âA transaction might involve selling the companyâs assets piecemeal or as a whole, according to a person familiar with the matter,â Bloomberg reported. âThe goal is to complete a deal
Silicon Valley Bank Run Drained $42 Billion of Deposits
Philip Pacheco/Bloomberg via Getty Images The collapse of Silicon Valley Bank was caused by a massive run on the bank, with customers initiating withdrawals of $42 billion this week. The bank was placed into Federal Deposit Insurance Corp. receivership on Friday after the California Department of Financial Protection and Innovation (DFPI) determined the bank had
Chris Whalen: Collapse of Silicon Valley Bank ‘Goes to the Feet of Jerome Powell’ and Federal Reserve
Chris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell for the failure of Silicon Valley Bank (SVP) in a Friday interview on Forward Guidance with host Jack Farley. The Federal Reserveâs raising of interest rates ârendered the bank insolvent,â Whalen remarked. He said: Rising rates cause book value to go down
Silicon Valley Bank CEO Sold $3.57 Million of Stock Two Weeks Before Bank Collapsed
The CEO of Silicon Valley Bank (SVB) sold $3.57 million of company stock just two weeks before the technology sectorâs primary financial institution collapsed on Friday, according to federal filings. SVB CEO and President Greg Becker on February 27 sold 12,451 shares of common stock at an average price of $287.42, or $3,578,652.31 in total.
Warren: Congress Needs to Roll Back Trump’s ‘Bank Regulation Reliefs’
Senator Elizabeth Warren (D-MA) Monday on MSNBCâs âThe Rachel Maddow Showâ claimed it was former President Donald Trumpâs âbank regulation reliefsâ that needed to be rolled back to protect against more banks collapsing like Silicon Valley Bank last week. Warren said, âThe way to understand this crisis is that it has three players. The first is
Signature Bank Chairman Led âKnow Your Pronounsâ Seminar
Signature Bank chairman Scott Shay co-hosted a âKnow Your Pronounsâ company seminar last October, where employees were lectured on how to properly use pronouns such as âZeâ and âHir.â Video of the seminar, uploaded to Signature Bankâs YouTube page in December, made the rounds on social media over the weekend after regulators took control of the bank
Harvard Prof., Fmr. IMF Economist Rogoff: Bank Issues Not Fixed ‘at All’ and Things Will ‘Break’ Due to High Inflation, Slow China Growth
On Thursdayâs broadcast of CNBCâs âSquawk Box,â Harvard University Economics Professor and former International Monetary Fund Chief Economist Ken Rogoff argued that the issues around banks have not been fixed âat allâ because in a world with higher inflation and interest rates and poor growth in China, âweâre in a situation where things are going
Credit Suisse to Borrow up to 50 Billion Swiss Francs from Swiss National Bank Â
Credit Suisse announced it would borrow up to 50 billion Swiss francs from the Swiss National Bank in a move to strengthen its liquidity amid dwindling stock prices. Fifty billion Swiss francs is the equivalent of $53.68 billion. Credit Suisse is the countryâs second biggest lender. On Wednesday, Credit Suisseâs shares went down as much
Report: Loans to Silicon Valley Bank Insiders Tripled to Record High as Collapse Loomed
Following the collapse of Silicon Valley Bank, reviews of the companyâs internal practices have revealed that loans to insiders tripled to $219 million before the bank failed. Bloomberg reports that last month, Silicon Valley Bank failed as a result of a $42 billion bank run from investors and depositors. The bankâs internal problems have come
Silicon Valley Bank Doubled Down on Far-Left Policies Despite Hundreds of Millions in Losses
In the aftermath of the catastrophic collapse of the Silicon Valley Bank (SVB), new details have emerged revealing just how much the bank continued to double down on far-left âdiversityâ policies despite previously suffering losses to the tune of hundreds of millions of dollars. As reported by Just The News, the transcript of an investorsâ […]
Silicon Valley Bank Is Already Hunting for New Customers
Silicon Valley Bank, which collapsed over the weekend in the second-largest bank crash in American history, says it is âopen for businessâ and soliciting new customers.In a message shared with customers and posted on the bankâs website, CEO Tim Mayopoulosâwho was put in charge by federal regulators who seized the bankâurged clients to move their
Pinkerton: Green, Woke, and Now Broke â How SVB Became the 2nd Biggest Bank Failure in U.S. History
Go Woke, Go Bust Oh so woke, oh so green, oh so diverse Silicon Valley Bank (SVB) just went bust. One can go to its websiteâstill up for who knows how much longerâand see that it claims assets of $212 billion. But as they say, the bigger they are, the harder they fall; and SVB makes
Conservatives Point to ‘Bidenflation’ as Cause of Silicon Valley Bank Closure; Gaetz Vows to Stand Against Bailout
Conservatives Point to âBidenflationâ as Cause of Silicon Valley Bank Closure; Gaetz Vows to Stand Against Bailout Justin Sullivan/Lev Radin/Pacific Press/LightRocket via Getty Images Prominent conservatives throughout politics and media reacted to the sudden closure of the Silicon Valley Bank (SVB) on Friday. Rep. Matt Gaetz (R-FL) is already standing firm against bailouts for the
Chamber of Commerce Throws Support Behind Biden’s Nominee to Lead ‘Vital Institution’ World Bank
Chip Somodevilla/Getty Images The United States Chamber of Commerce is applauding President Joe Bidenâs nominee to lead the World Bank, former Mastercard CEO Ajay Banga. This week, as Breitbart News reported, Biden nominated Banga to lead the World Bank â the first time a credit card executive has been chosen for the spot. In response, executives with
Houston police say âsharp dressed man’ in hat and dark suit wanted in 2 bank robberies
Houston police are looking for a “sharp dressed” man caught on camera in two bank robberies this month. The latest robbery occurred Tuesday afternoon, Houston police say. Around 2 p.m. a man entered a bank at the 1700 block of Fountain View. The man walked up to a bank employee, presented a “threatening note” demanding […]
Israeli troops fatally shoot Palestinian teacher, militant during raid in occupied West Bank
Israeli troops shot and killed a Palestinian schoolteacher and a militant during a military raid in the occupied West Bank early Thursday, Palestinian officials said, the latest deaths as Israeli-Palestinian violence continues to surge. The Palestinian Health Ministry identified the dead as Jawad Bawaqna, 57, and Adham Jabarin, 28. They were shot in the Jenin […]
CAN WE STOP CENTRAL BANK DIGITAL CURRENCY IMPLEMENTATION IN THE STATES
This is a great article by MN Gordon of the EconomicPrism.com. States in the United States must reject the diabolical plans by globalists of the New World Order led by the World Economic Forum in Davos, Switzerland and woke central banks in the world to establish digital currency. We will lose our freedom and our […]
Exclusive â Sen. Bill Hagerty: âChina Is Singing All the Way to the Bankâ Thanks to Joe Bidenâs Policies
Sen. Bill Hagerty (R-TN) told Breitbart News exclusively that the Chinese Communist Party is âsinging all the way to the bankâ thanks to President Joe Bidenâs various policies in his first two weeks in office. Hagerty, in an exclusive interview on Breitbart News Saturday on SiriusXM 125 the Patriot Channel, said that Bidenâs orders closing…
TRUMP WINS AGAIN: Germany’s Central Bank Stops $400 Million Cash Delivery To Iran.
President Trump has won another victory: Germanyâs central bank has terminated a $400 million cash delivery to Iran. Deutsche Bundesbank has previously worked with the Iranian-owned European-Iranian trade bank (EIH) to end-around sanctions the United States has placed on Iran. As Fox News reports, âThe U.S. and the European Union previously sanctioned the EIH for […]
Facebook Wants Your Bank Info, Corporations Push Financial Blacklist Gun Control.
Facebook is asking banks to share customerâs financial information in a climate where corporate America is blacklisting gun manufacturers and businesses or groups that support the Second Amendment. On March 23, 2018, Breitbart News reported Citibankâs new corporate gun controls which bar gun store customers from selling âhigh-capacityâ magazines and require those same stores to refuse long […]