Page 4 - Christopher Wolfe News Today

Deals from G-Sibs have slowed in recent years due to regulatory confusion over capital relief

Banks across the globe collapsed after the collapse of Silicon Valley Bank and Signature Bank. It is unclear if the situation has stabilized or if there is another storm coming.

The banking industry, which has been contending with deposit outflows, could get a short-term boost from spooked investors. But once the White House and House Republicans reach a deal on raising the debt ceiling, the pressure on deposits may resume, analysts say.

Silicon Valley Bank imploded in March and sparked the ongoing turmoil in regional banks

The latest case in point: The Federal Deposit Insurance Corp chose JPMorgan Chase & Co as the winning bidder in an auction to buy collapsed lender First Republic Bank

The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail -- and get government assistance -- before buyers will step up, industry sources say.

The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail -- and get government assistance --... | June 17, 2023

Troubled US bank First Republic says it plans to sell off assets, restructure its balance sheet, and lay off staff Read Full Article at RT.com

Troubled US bank First Republic says it plans to sell off assets, restructure its balance sheet, and lay off staff Read Full Article at RT.com

The risks associated with this bet may have less to do with the current crisis and more to do with the response to it