Author | Source |
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u/footsmashingwierdo |
[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1) |
Posting for visibility and because I think it reflects more dramatically when all of this information is in one place.
Googling “top US banks” this is the list I get in order. Wells Fargo
Bank Of America
JPMorgan & Chase
Citigroup
Goldman Sachs
U.S Bancorp
Morgan Stanley
Etc, etc.
Over the past few days, 6 out of these top 7 have been busy.
Wells fargo
Bank of america
“BOA to set record for 15 billion in bonds” https://www.bloomberg.com/news/articles/2021-04-16/bofa-to-set-record-for-largest-bank-bond-sale-at-15-billion
JPMorgan and Chase
“JPM commits 6 billion to new European football super league” https://www.reddit.com/r/Superstonk/comments/mteun2/jp_morgan_has_just_dumped_6_billion_dollars_into/?utm_medium=android_app&utm_source=share ”JPMorgan to sell 13 billion in bonds” https://www.bloomberg.com/news/articles/2021-04-15/jpmorgan-to-sell-13-billion-of-bonds-in-largest-bank-sale-ever
Citigroup
“Citigroup pulling out of 13 markets(Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam) https://www.reddit.com/r/Superstonk/comments/mrxp75/citibank_announces_sale_of_australia_bahrain/?utm_medium=android_app&utm_source=share
Goldman Sachs
“Goldman following competitors lead in issuing bonds, preliminary filing” https://www.streetinsider.com/dr/news.php?id=18266922
Morgan Stanley
“Morgan Stanley to issue 6 billion in bonds” https://www.reddit.com/r/Superstonk/comments/mu2df3/morgan_stanley_joining_the_bond_selling_team_not/?utm_medium=android_app&utm_source=share
“Morgan Stanley reports $911 million loss from Archegos” https://www.google.com/amp/s/amp.ft.com/content/b589c3f5-9175-4572-bb7e-02ad17e414c1
Excluding US Bancorp, The list from top to bottom is pretty filled out. It’s evident to me that key players are making very important moves to be ready for something that’s coming.
Edit:”WallStreets Mega Banks CEOs to be hauled before Congress in May; Nobody will say why” https://www.reddit.com/r/Superstonk/comments/mu7bma/things_that_make_you_say/?utm_medium=android_app&utm_source=share
Edit: “The DTCC and JPMorgan, they’re getting ready for defaults” https://www.reddit.com/r/Superstonk/comments/mur8bz/srdtc2021004_the_dtcc_and_jp_morgan_theyre/?utm_medium=android_app&utm_source=share
If I’ve missed anything, feel free to comment and I’ll try to update the list with new information
As always: Not Investment Advice.