Lending declined in many parts of the United States over recent weeks, the Federal Reserve announced Wednesday, amid financial sector troubles unleashed by the rapid collapse of Silicon Valley Bank (SVB). The conditions in New York's financial sector "deteriorated sharply coinciding with recent stress in the banking sector," according to the Book. SVB's collapse on March 10 after taking excessive interest-rate risk led to a snowball effect in the financial markets as concerned investors looked for signs of weakness in the broader banking sector in the US and Europe.
many insured deposters. it was primarily uninsured depo depositors, tech firms. they re looking for a buyer, whether that s for the whole organization or parts of it, and to the extent they get those recoveries, those monies belong to the depositors. what do you think really caused the collapse of this bank, and why was it that some of the depositors kind of had a heads-up and were able to withdraw a whole lot of money before it completely collapsed? silicon valley bank was a really unusual situation. basically you had a bank that catered really to one industry, primarily the tech industry. it took in huge amounts of deposits over the last two years. it didn t have a lot of loan
BEIJING, Dec. 27 (Xinhua) China loan demand rose in the fourth quarter (Q4) of 2022, a survey of the country bankers showed. The index gauging the overall de
The reopening of schools and falling investor interest have dampened spirits in edtech sector, even as some non-banking financial companies (NBFCs) avoid the segment due to perceptions of higher risk