in the banking sector and its vulnerability to the rising cost of money.
"There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones," said Christopher Whalen, chairman of Whalen Global Advisors.met banking regulators on Friday expressed "full confidence" in their abilities to respond to the situation, Treasury said.in U.S. financial regulators, when asked about the failure of SVB.
To fund the redemptions, SVB sold a $21 billion bond portfolio consisting mostly of U.S. Treasuries on Wednesday, and said it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.this week to reassure its venture capital clients their money was safe. By Friday, the collapsing stock price had made its capital raise untenable and sources said the bank tried to look at other options, including a sale, until regulators stepped in and shut the bank down.
河南村镇银行非法冻结外地银联卡储户存款,已经1年不给兑付了,河南政府还钱,河南银行还钱。
河南还钱
the adults are back in charge you guys
Who is next? I hope for Goldman Sachs as they rip off middle class.
Woke = Broke
I don’t think $42 billion in withdrawals yesterday helped much
Your tweet has been Juste-ified! The Silicon Valley Bank was shut down by California banking regulators and placed under the jurisdiction of the Federal Deposit Insurance Corporation after the institution's attempt to raise capital through a stock sale was unsuccessful.