Second-biggest bank collapse in U.S. history, 48 hours ago. - Printable Version

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+--- Thread: Second-biggest bank collapse in U.S. history, 48 hours ago. (/Thread-Second-biggest-bank-collapse-in-U-S-history-48-hours-ago)

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Second-biggest bank collapse in U.S. history, 48 hours ago. - theold - 11-03-2023

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-valley-bank-collapse-how-it-happened.html

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RE: Second-biggest bank collapse in U.S., 48 hours ago. - lvlrsSTI - 11-03-2023

Are you sure it is the 2nd largest bank in the U.S.? Never heard of it before.

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RE: Second-biggest bank collapse in U.S., 48 hours ago. - talky - 11-03-2023

(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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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - theold - 11-03-2023

In US history. Sorry.

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RE: Second-biggest bank collapse in U.S., 48 hours ago. - starbugs - 11-03-2023

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).

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - hansamu - 11-03-2023

16th largest Bank......

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - Lukongsimi - 11-03-2023

Means got third largest bank gg to collapse ?

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - talky - 11-03-2023

WHEN BLACKROCK COLLAPSE THAT WILL BE MORE AWAKING

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - teaserteam - 11-03-2023

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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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - hansamu - 11-03-2023

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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RE: Second-biggest bank collapse in U.S., 48 hours ago. - forum456 - 11-03-2023

(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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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - singlon - 11-03-2023

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

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - XiXiPee - 11-03-2023

CB I don't even know of this bank,you tell me is the second biggest bank collapse

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - singlon - 11-03-2023



NB firewall kali5 does not allow take photo dat how strict sys is

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RE: Second-biggest bank collapse in U.S., 48 hours ago. - starbugs - 11-03-2023

(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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RE: Second-biggest bank collapse in U.S., 48 hours ago. - Levin - 11-03-2023

(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_largest_U.S._bank_failures

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - FangFang - 11-03-2023

Any impact for us ?

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - Levin - 11-03-2023

(11-03-2023, 10:53 AM)FangFang Wrote:  Any impact for us ?

Maybe short term stock market wise?

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - Sentinel - 11-03-2023

(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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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - Levin - 11-03-2023

(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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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - singlon - 11-03-2023

woa my people high alert hi-port

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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - Sentinel - 11-03-2023

(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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RE: Second-biggest bank collapse in U.S. history, 48 hours ago. - Levin - 11-03-2023

(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/us-bank-stocks-add-losses-regulators-shutter-svb-financial-2023-03-10/

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