☆ Yσɠƚԋσʂ ☆ to

news@hexbear.netEnglish · 8 months ago

JPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As 'Unrecoverable Debt' Soars: Report - The Daily Hodl

cross-posted to:
us_news@lemmygrad.ml
usa

100

JPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As 'Unrecoverable Debt' Soars: Report - The Daily Hodl

☆ Yσɠƚԋσʂ ☆ to

news@hexbear.netEnglish · 8 months ago

cross-posted to:
us_news@lemmygrad.ml
usa

The two largest banks in the US say they expect to lose a collective $4.5 billion from customers who are essentially unable to pay their bills.

Chat

☆ Yσɠƚԋσʂ ☆OP
link
fedilink
English
arrow-up
31·
8 months ago
Yeah, the direction of travel is not great.

news@hexbear.net

news@hexbear.net

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@hexbear.net

Welcome to c/news! Please read the Hexbear Code of Conduct and remember… we’re all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

684 users / day
1.54K users / week
2.5K users / month
4.57K users / 6 months
213 local subscribers
23.6K subscribers
6.52K Posts
202K Comments
Modlog