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On Wednesday, Silicon Valley Bank
was a well-capitalized institution seeking to raise some funds.
Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run.
The roots of SVB’s collapse stem from dislocations spurred by higher rates. As startup clients withdrew deposits to keep their companies afloat in a chilly environment for IPOs and private fundraising, SVB found itself short on capital.
https://www.cnbc.com/2023/03/10/silicon-...pened.html
(This post was last modified: 11-03-2023, 09:59 AM by
theold.)
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Are you sure it is the 2nd largest bank in the U.S.? Never heard of it before.
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(11-03-2023, 09:54 AM)lvlrsSTI Wrote: Are you sure it is the 2nd largest bank in the U.S.? Never heard of it before.
NO WHERE IN THE 20TH PLACE IN US BANKING CIRCLE.
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You guys need to improve your English. The headline says it's the second largest bank collapse (noun), not the second largest bank collapsed (verb).
(This post was last modified: 11-03-2023, 10:25 AM by
starbugs.)
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Means got third largest bank gg to collapse ?
No weapons that forms against me shall prosper
No tongue that rises against me I shall condemn
☝️
>
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WHEN BLACKROCK COLLAPSE THAT WILL BE MORE AWAKING
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Another day, another BS. Silicon Bank asset not even 1/10 of JP Morgan
https://www.federalreserve.gov/releases/lbr/current/
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This type of blown up news could be the work of shortis to short the market.
That's one of the cunning ways to make them rich.
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(11-03-2023, 10:00 AM)starbugs Wrote: You guys need to improve your English. The headline says it's the second largest bank collapse (noun), not the second largest bank collapsed (verb).
what is the first largest bank collapse (noun) ?
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we thought the big one will be when China whispers into a ceylonese ear
this matter matters when AmeriCA haarpTurkiye
and Putin replies now How dare u weather should clear up as putin targets Isreal and Switzerland
the fuse we see lighted is Credit Swisse
singlion has a monitor.
His IPTV signal bad means duelling
as HaarpShip was observed in Turkish water singlion looks over MH370 saga
sure enough Got the first ship used.
Now with Malaysia seimic quakes like railway line and corruptions
singlion is in Kali5 no way u can remove my computer and take the disk
Bootup grup is ramdisk meaning install in ram memory
(This post was last modified: 11-03-2023, 10:39 AM by
singlon.)
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CB I don't even know of this bank,you tell me is the second biggest bank collapse
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NB firewall kali5 does not allow take photo dat how strict sys is
(This post was last modified: 11-03-2023, 10:47 AM by
singlon.)
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(11-03-2023, 10:35 AM)forum456 Wrote: what is the first largest bank collapse (noun) ?
Washington Mutual Bank in 2008
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(11-03-2023, 10:35 AM)forum456 Wrote: what is the first largest bank collapse (noun) ?
Washington Mutual in 2008. US$307 billion at time of failure.
Silicon Valley Bank (the one in this news) is a far second at US$209 billion.
https://en.wikipedia.org/wiki/List_of_la...k_failures
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(11-03-2023, 10:53 AM)FangFang Wrote: Any impact for us ?
Maybe short term stock market wise?
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(11-03-2023, 11:10 AM)Levin Wrote: Maybe short term stock market wise?
Like how? Good or bad?
SVB collapse is good for the mkt
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(11-03-2023, 11:16 AM)Sentinel Wrote: Like how? Good or bad?
SVB collapse is good for the mkt
So far it is bad based on market reaction.
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woa my people high alert hi-port
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(11-03-2023, 11:23 AM)Levin Wrote: So far it is bad based on market reaction.
Mkt did not react to SVB collapse
It reacted to Powell's hawkish talk in congress
With the turmoil, Powell unlikely will raise rate so fast so aggressively
Btw, SVB is solvent with its assets larger than its liabilities
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(11-03-2023, 11:33 AM)Sentinel Wrote: Mkt did not react to SVB collapse
It reacted to Powell's hawkish talk in congress
I should have been specific. Banks shares dropped.
https://www.reuters.com/business/finance...023-03-10/
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