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which bank just got a 'Best Bank in America' listing?
Tip of the iceberg😃
SSVB was holding a high number of Treasury and other government bonds — amounting to more than half of its assets Dare ask its regulators: How much capital/equity/skin-in-the game, did SVB's shareholders need to hold against that?
When you suddenly brake a high speed bus, ultimate consequence is the passengers injures! This is the consequences of fast increase in interest rate! Disinflationary path should be smooth! FED should brake slowly, smoothly and with clear announcements of possible effects!
As the bank goes may the valley GO as well. Amen.
A good read — recommended.
I ve seen this logo somewhere