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#siliconvalleybank

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⚯ Michel de Cryptadamus ⚯<p><a href="https://universeodon.com/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> just can't seem to put down the crypto crack pipe.</p><p>Expect another taxpayer bailout like the one the <a href="https://universeodon.com/tags/broligarch" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>broligarch</span></a> customers of <a href="https://universeodon.com/tags/SVB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SVB</span></a> got when the bank collapsed the first time back in 2023.</p><p><a href="https://fintechbusinessweekly.substack.com/p/yes-svb-is-processing-ach-for-binanceus" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/yes-svb-is-processing-ach-for-binanceus</span></a></p><p><a href="https://universeodon.com/tags/SIVB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SIVB</span></a> <a href="https://universeodon.com/tags/Binance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Binance</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://universeodon.com/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://universeodon.com/tags/SiliconValley" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValley</span></a> <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> <a href="https://universeodon.com/tags/broligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>broligarchs</span></a> <a href="https://universeodon.com/tags/broligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>broligarchy</span></a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a></p>
⚯ Michel de Cryptadamus ⚯<p><span class="h-card" translate="no"><a href="https://mastodon.social/@daedalean" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>daedalean</span></a></span> <span class="h-card" translate="no"><a href="https://masto.ai/@GhostOnTheHalfShell" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>GhostOnTheHalfShell</span></a></span> for all intents and purposes there are really only two <a href="https://universeodon.com/tags/stablecoins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stablecoins</span></a>:</p><p>1. USDT (Tether - ~70% of the market)<br>2. USDC (<a href="https://universeodon.com/tags/Coinbase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coinbase</span></a>, technically through a company called Circle - ~25% of the market)</p><p>the rest are tiny.</p><p>USDC has actually done an audit or two and we know where the money is (it's in a blackrock trust). <a href="https://universeodon.com/tags/Tether" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tether</span></a> has been the subject of a lot of writing and speculation by me and many others for years now.</p><p><a href="https://universeodon.com/tags/KirstenGillibrand" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KirstenGillibrand</span></a> works for the Coinbase / <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> / <a href="https://universeodon.com/tags/Circle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Circle</span></a> axis of crypto evil so this bill is basically creating rules that would push Tether USDT out of the US market.</p><p>Coinbase CEO has already made noise about how they will probably have to delist USDT. Circle CFO is on video saying that Tether is a counterfeiting operation.</p><p>(fun fact: Circle USDC was the largest depositor at <a href="https://universeodon.com/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> and if SVB had been allowed to collapse and $3.2bn worth of USDC had died with it the entire crypto industry would have gone kaput.</p><p><a href="https://universeodon.com/tags/moralhazard" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moralhazard</span></a></p>
Dining & Cooking<p>Cherry-Picked Science? The Confusing Narrative Around Wine And Health <a href="https://www.diningandcooking.com/1881271/cherry-picked-science-the-confusing-narrative-around-wine-and-health/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">diningandcooking.com/1881271/c</span><span class="invisible">herry-picked-science-the-confusing-narrative-around-wine-and-health/</span></a> <a href="https://vive.im/tags/DaveMcIntyre" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DaveMcIntyre</span></a> <a href="https://vive.im/tags/DrinkingInModeration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DrinkingInModeration</span></a> <a href="https://vive.im/tags/DryJanuary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DryJanuary</span></a> <a href="https://vive.im/tags/MitchFrank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MitchFrank</span></a> <a href="https://vive.im/tags/NASEM" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NASEM</span></a> <a href="https://vive.im/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> <a href="https://vive.im/tags/TheNewProhibition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheNewProhibition</span></a> <a href="https://vive.im/tags/Wine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Wine</span></a> <a href="https://vive.im/tags/WineAndCancerRisk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WineAndCancerRisk</span></a> <a href="https://vive.im/tags/WineAndHeartHealth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WineAndHeartHealth</span></a> <a href="https://vive.im/tags/WineSpectator" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WineSpectator</span></a></p>
Dining & Cooking<p>Silicon Valley Bank Wine Report Calls The Industry ‘Resilient’ <a href="https://www.diningandcooking.com/1857691/silicon-valley-bank-wine-report-calls-the-industry-resilient/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">diningandcooking.com/1857691/s</span><span class="invisible">ilicon-valley-bank-wine-report-calls-the-industry-resilient/</span></a> <a href="https://vive.im/tags/RobMcMillan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RobMcMillan</span></a> <a href="https://vive.im/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> <a href="https://vive.im/tags/Wine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Wine</span></a> <a href="https://vive.im/tags/WineReport" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WineReport</span></a></p>
IT News<p>How Crypto Insiders Turned ‘Debanking’ Into a Political Storm - Concerns that crypto companies are being purposely cut off from the global banking system... - <a href="https://www.nytimes.com/2024/12/10/technology/crypto-debanking-trump.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2024/12/10/technol</span><span class="invisible">ogy/crypto-debanking-trump.html</span></a> <a href="https://schleuss.online/tags/regulationandderegulationofindustry" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulationandderegulationofindustry</span></a> <a href="https://schleuss.online/tags/unitedstatespoliticsandgovernment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unitedstatespoliticsandgovernment</span></a> <a href="https://schleuss.online/tags/bankingandfinancialinstitutions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankingandfinancialinstitutions</span></a> <a href="https://schleuss.online/tags/presidentialelectionof2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>presidentialelectionof2024</span></a> <a href="https://schleuss.online/tags/computersandtheinternet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>computersandtheinternet</span></a> <a href="https://schleuss.online/tags/bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bitcoin</span></a>(currency) <a href="https://schleuss.online/tags/siliconvalleybank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>siliconvalleybank</span></a> <a href="https://schleuss.online/tags/entrepreneurship" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>entrepreneurship</span></a> <a href="https://schleuss.online/tags/virtualcurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>virtualcurrency</span></a> <a href="https://schleuss.online/tags/andreessenmarcl" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>andreessenmarcl</span></a> <a href="https://schleuss.online/tags/start" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>start</span></a>-ups</p>
Cory Doctorow<p>And when <a href="https://mamot.fr/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> collapses due to mismanagement by ultra-wealthy financiers, the public purse yawns open and billions flow out to ensure that the wealthiest investors in the country stay whole:</p><p><a href="https://pluralistic.net/2023/03/18/2-billion-here-2-billion-there/#socialism-for-the-rich" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">pluralistic.net/2023/03/18/2-b</span><span class="invisible">illion-here-2-billion-there/#socialism-for-the-rich</span></a></p><p>When predatory payday lenders target working people and force them into bankruptcy with four-digit APRs, the government intervenes...to save the lenders and keep workers on the hook:</p><p><a href="https://pluralistic.net/2022/01/29/planned-obsolescence/#academic-fraud" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">pluralistic.net/2022/01/29/pla</span><span class="invisible">nned-obsolescence/#academic-fraud</span></a></p><p>6/</p>
Cory Doctorow<p>For the "small, non-profit school" that got used as an excuse to bail out <a href="https://mamot.fr/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a>, I brought back Humpty Dumpty, mixing him with a Hogwartsian castle, a brick wall texture, and an ornate, gilded frame. I *love* how this one came out. This Humpty was *made* for the SVB bailout. </p><p><a href="https://pluralistic.net/2023/03/23/small-nonprofit-school/#north-country-school" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">pluralistic.net/2023/03/23/sma</span><span class="invisible">ll-nonprofit-school/#north-country-school</span></a></p><p>13/</p>
Kevin Karhan :verified:<p><span class="h-card"><a href="https://todon.eu/@maxi" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>maxi</span></a></span><br> And whilst Wirecard folding as the grift it has been from the start may be inconvenient for merchants using them, this didn't result in the same <a href="https://mstdn.social/tags/shitshow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shitshow</span></a> that <a href="https://mstdn.social/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> caused:</p><p>People still got their paychecks and businesses could still pay suppliers and get paid.</p><p>They might've to switch to competitors like Adyen but in the end, that isn't a hard move...</p><p>Integrating <a href="https://mstdn.social/tags/Wirecard" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Wirecard</span></a> messy code was always a clunky shitshow compared to <a href="https://mstdn.social/tags/PayPal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PayPal</span></a> which has a clean API...</p>
Anonymous Germany<p>Bundesbankpräsident Nagel hat vor den Gefahren eines Banken-Ansturms durch <a href="https://social.tchncs.de/tags/FakeNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FakeNews</span></a> gewarnt<br>Der Fall der <a href="https://social.tchncs.de/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> habe gezeigt, dass man schneller werden müsse. Dort hätten Äußerungen in den sozialen Medien dazu beigetragen, einen <a href="https://social.tchncs.de/tags/BankRun" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankRun</span></a> zu beschleunigen. Die Frage sei, ob Fake News auch so etwas auslösen könnten. <br>Er habe von einem Kollegen aus Südkorea gehört, dass dort eine Task Force der <a href="https://social.tchncs.de/tags/Bankenaufsicht" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bankenaufsicht</span></a> systematisch die sozialen Medien überwache</p><p>🤔</p><p><a href="https://www.fr.de/wirtschaft/bundesbankpraesident-sieht-risiko-eines-bank-runs-zr-92409959.html" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">fr.de/wirtschaft/bundesbankpra</span><span class="invisible">esident-sieht-risiko-eines-bank-runs-zr-92409959.html</span></a></p>
Econ-Intel<p>If you haven't seen inside the financials of <a href="https://federated.press/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> and are curious, here is your opportunity. Econ-Intel is now offering bank safety reports for all FDIC insured banks, so that people can find out how safe their money may be at their banks. We are providing the one for <a href="https://federated.press/tags/SVB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SVB</span></a> for FREE immediate download:</p><p><a href="https://econ-intel.com/product/free-silicon-valley-bank-safety-report-q4-2022/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">econ-intel.com/product/free-si</span><span class="invisible">licon-valley-bank-safety-report-q4-2022/</span></a></p><p><span class="h-card"><a href="https://a.gup.pe/u/economics" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>economics</span></a></span> <br><a href="https://federated.press/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://federated.press/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a></p>
Political IQ<p>Execs From Failed Banks Testify Before Senate <a href="https://politicaliq.com/2023/05/16/execs-from-failed-banks-testify-before-senate/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">politicaliq.com/2023/05/16/exe</span><span class="invisible">cs-from-failed-banks-testify-before-senate/</span></a> <a href="https://newsie.social/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> <a href="https://newsie.social/tags/FirstRepublic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FirstRepublic</span></a> <a href="https://newsie.social/tags/Signature" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Signature</span></a> <a href="https://newsie.social/tags/bankfailures" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankfailures</span></a> <a href="https://newsie.social/tags/BankCollapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BankCollapse</span></a> <a href="https://newsie.social/tags/CEOs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CEOs</span></a> <a href="https://newsie.social/tags/ExecutivePay" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ExecutivePay</span></a> <a href="https://newsie.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <a href="https://newsie.social/tags/politicaliq" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politicaliq</span></a> <a href="https://newsie.social/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a> <a href="https://newsie.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a></p>
Frances Coppola :verified:<p>New Coppola Comment post. Bank failures: it's all about <a href="https://econtwitter.net/tags/liquidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liquidity</span></a>. Although <a href="https://econtwitter.net/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> create <a href="https://econtwitter.net/tags/deposits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deposits</span></a> when they lend, they can still run out of money. Featuring <a href="https://econtwitter.net/tags/SignatureBankNY" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SignatureBankNY</span></a>, <a href="https://econtwitter.net/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a>, <a href="https://econtwitter.net/tags/SilvergateBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SilvergateBank</span></a>. (pic does not link)<br><a href="https://coppolacomment.substack.com/p/bank-failures-its-all-about-liquidity" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">coppolacomment.substack.com/p/</span><span class="invisible">bank-failures-its-all-about-liquidity</span></a></p>
Cory Doctorow<p>More recently, KPMG made millions by confidently certifying the stability of a large regional bank, assuring investors and depositors that it was managing its risk and could be trusted. The name of the client that KPMG was so bullish on will be familiar to you: <a href="https://mamot.fr/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a>:</p><p><a href="https://www.wsj.com/articles/kpmg-faces-scrutiny-for-audits-of-svb-and-signature-bank-42dc49dd" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/articles/kpmg-faces-sc</span><span class="invisible">rutiny-for-audits-of-svb-and-signature-bank-42dc49dd</span></a></p><p>KPMG epitomizes the idea of Too Big To Fail and Too Big to Jail.</p><p>15/</p>
Emeritus Prof Christopher May<p>Oh dear... the FT points out this morning that one thing clearly links the three US banks that recently failed:</p><p><a href="https://zirk.us/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a>, <a href="https://zirk.us/tags/Signature" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Signature</span></a> &amp; <a href="https://zirk.us/tags/FirstRepublic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FirstRepublic</span></a> were all audited by <a href="https://zirk.us/tags/KPMG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KPMG</span></a>... the suspicion is growing that actually they didn't understand the <a href="https://zirk.us/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> sector as well as they claimed (KPMG, that is).</p><p>It won't be he first time one of the <a href="https://zirk.us/tags/BigFour" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BigFour</span></a> have oversold their expertise, now will it!</p>
Deutschlandfunk (inoffiziell)<p>First-Republic-Bankenpleite - Vertrauenskrise im US-Finanzsektor</p><p>Mit der First Republic geht die dritte US-Bank in zwei Monaten pleite - womöglich nicht die letzte, sagt Wirtschaftsredakteurin Eva Bahner.<br><a href="https://www.deutschlandfunk.de/wirtschaftsgespraech-first-republic-dritte-bankenpleite-in-2-monaten-dlf-5aff45c3-100.html" rel="nofollow noopener noreferrer" target="_blank">Mehrere Banken pleite - Vertrauenskrise im US-Finanzsektor</a></p>
Mufasa<p><a href="https://betweenthelions.link/tags/FirstRepublicBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FirstRepublicBank</span></a> is taken over by <a href="https://betweenthelions.link/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> and sold to <a href="https://betweenthelions.link/tags/JPMorgan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JPMorgan</span></a> in third major bank failure of 2023</p><p>It's the largest lender to collapse since the 2008 financial crisis — even larger than <a href="https://betweenthelions.link/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a>, which went under in March.</p><p><a href="https://betweenthelions.link/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnitedStates</span></a> <a href="https://betweenthelions.link/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a><br><a href="https://www.nbcnews.com/business/business-news/first-republic-bank-fdic-takeover-sold-jp-morgan-rcna81437" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nbcnews.com/business/business-</span><span class="invisible">news/first-republic-bank-fdic-takeover-sold-jp-morgan-rcna81437</span></a></p>
The Japan Times<p>The Federal Reserve has blamed the deregulatory zeal that occurred during the Trump era for contributing to the second-largest bank failure in U.S. history. <a href="https://www.japantimes.co.jp/news/2023/04/29/business/svd-federal-reserve-trump-deregulation/?utm_content=buffera9df0&amp;utm_medium=social&amp;utm_source=bufferapp.com&amp;utm_campaign=buffer" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/news/2023/04/</span><span class="invisible">29/business/svd-federal-reserve-trump-deregulation/?utm_content=buffera9df0&amp;utm_medium=social&amp;utm_source=bufferapp.com&amp;utm_campaign=buffer</span></a> <a href="https://mastodon.social/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/us" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>us</span></a> <a href="https://mastodon.social/tags/fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fed</span></a> <a href="https://mastodon.social/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/siliconvalleybank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>siliconvalleybank</span></a></p>
beSpacific<p><a href="https://newsie.social/tags/Review" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Review</span></a> of the <a href="https://newsie.social/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a>’s<br><a href="https://newsie.social/tags/Supervision" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Supervision</span></a> and <a href="https://newsie.social/tags/Regulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Regulation</span></a><br>of <a href="https://newsie.social/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> April 2023. This report examines the factors that contributed to the failure of <a href="https://newsie.social/tags/SVB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SVB</span></a>. The report<br>focuses on the role of the Federal Reserve, which was the <a href="https://newsie.social/tags/primary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>primary</span></a> federal supervisor for the bank<br>and the <a href="https://newsie.social/tags/bankholdingcompany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankholdingcompany</span></a>. <a href="https://www.federalreserve.gov/publications/files/svb-review-20230428.pdf" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">federalreserve.gov/publication</span><span class="invisible">s/files/svb-review-20230428.pdf</span></a> FinancialSystem <a href="https://newsie.social/tags/FinancialStability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialStability</span></a> <a href="https://newsie.social/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://newsie.social/tags/banksupervision" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banksupervision</span></a> <a href="https://newsie.social/tags/regulatoryfailures" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulatoryfailures</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a> says it must strengthen <a href="https://masto.ai/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> rules after <a href="https://masto.ai/tags/SVB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SVB</span></a>’s collapse</p><p>In a scathing report, the <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> on Fri outlined a series of disastrous decisions that led to the downfall of <a href="https://masto.ai/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> — including failures by the <a href="https://masto.ai/tags/CentralBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CentralBank</span></a>’s own supervisors to ward off last month’s crisis.</p><p><a href="https://masto.ai/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a><br><a href="https://www.washingtonpost.com/business/2023/04/28/silicon-valley-bank-collapse-investigation/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/business/20</span><span class="invisible">23/04/28/silicon-valley-bank-collapse-investigation/</span></a></p>
LockharTVMedia<p>🚨<a href="https://mastodon.world/tags/BREAKING" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BREAKING</span></a>: Share price of First Republic Bank has plummeted by over 50% due to a loss of more than $100 billion in customer deposits.</p><p>First Republic Bank's stock plunged on Tuesday after it said depositors withdrew more than $100 billion during last month's crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank.</p><p><a href="https://mastodon.world/tags/FirstRepublicBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FirstRepublicBank</span></a><br><a href="https://mastodon.world/tags/SiliconValleyBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SiliconValleyBank</span></a> <br><a href="https://mastodon.world/tags/SignatureBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SignatureBank</span></a><br><a href="https://mastodon.world/tags/LockharTVMedia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LockharTVMedia</span></a></p>