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As of 4/1/23, all interbank payments will only be transacted in the NBU System of Electronic Payments (SEP-4.0), based on ISO 20022.1 Globally, financial institutions & large corps will switch to ISO20022 in March 2023.
‘Single Event’ comms — How many banks are NOT in the new system?
“In 1/2022, the UK central bank had announced that migration of CHAPS to ISO 20022 will now take place as a single event in 4/2023”
👇🏽
https://flow.db.com/cash-management/ISO-20022-Changes-on-the-final-stretch
Ukraine News 🤫👇🏽
“The National Bank of Ukraine has developed & is preparing to implement a new generation of the NBU System of Electronic Payments, based on ISO 20022. As of 4/1/2023, all interbank payments will only be transacted in the new generation of SEP-4.0.”
👇🏽
https://bank.gov.ua/en/payments/project-iso20022
@drue86
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The PUMP is ON! Damage Control. The Last Stand. Going for BROKE! 🚨👀🚨
What happens by April 1st?
Bitcoin Soars in Rebound From Bank Crisis Selloff. It May Be Too Good to Be True.
https://finance.yahoo.com/m/d42eed7e-cc8e-3c77-8083-a2f85fed290e/bitcoin-soars-in-rebound-from.html
OH NO – More Silicon Valley Bank Fallout – Goldman Sachs Backed CIRCLE’s Stable Coin ‘USDC’ No Longer Pegged to Dollar – Conversion to Dollars Halted
USDC Holder Forks Over $2 Million For $0.05 USDT In Desperate Move To Evade Crypto Crash
SEC issues subpoena to Robinhood, investigates its cryptocurrency listings
@drue86
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It can’t be that hard to find this dude! 😝😂🤣
Shaq allegedly in hiding as lawyers fail to serve him over FTX lawsuit
https://nypost.com/2023/03/12/shaquille-oneal-accused-of-avoiding-ftx-lawsuit/
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FEDS — ‘forced to surrender’ x ‘no longer expects’ comms! 🚨👀🚨
That means it’s FOR SURE going to HIKE Interest Rates. Crash Dummies brace for impact. 💯💯💯
Pause: Goldman No Longer Expects Fed To Hike In March Due To “Stress In The Banking System”
The Fed will be forced to surrender on rate hikes after SVB’s failure, says top economist Mohamed El-Erian
@drue86
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A billionaire cries about Wall Street is being unfair. 🤨😁😂🤣
Billionaire Charles Schwab’s wealth plunged nearly $3 billion after his brokerage’s shares were hammered amid the banking crisis
Charles Schwab stock is down 19% Monday, Here’s why the company thinks Wall Street is being unfair.
Billionaire Charles Schwab’s Fortune Is Slammed by SVB Fallout
@drue86
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So far Jim Cramer promoted SVB, Signature & on 3/10, the SVB bank run day, he says First Republic — very good bank! 😯😳🤯
He’s becoming the GOAT for getting it completely wrong. JPMorgan was also promoted on 3/10! 🚨👀🚨
Jim Cramer promotes SVB
@drue86
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The Worldwide cabal Bank Fall! 🚨👀🚨
Yet another blow to UK’s struggling High Street as Barclays announces it will shut 14 more branches: More than 100 local banks are shutting for good
Credit Suisse shares hit new low
PACW Stock: Over 38% Drop
WAL Stock: Over 50% Drop
ZION Stock: Over 15% Drop
Bank stocks in Europe, Asia continue to plunge
French minister tells investors to ‘calm down’ after banks stocks fall
Bank shares plunge on contagion fears
Failed Bank List
https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/
@drue86
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Rose Rambles... 