Socio-Economics History Blog
Socio-Economics History Blog
Socio-Economics History Blog
Socio-Economics History Blog
BREAKING: New data shows only 2.7% of Silicon Valley Bank deposits are less than $250,000, which means 97.3% of clients aren't FDIC insured. pic.twitter.com/SYORb4w0vN — Mr. Whale (@WhaleWire) March 10, 2023
See also: – SVB debacle sparks rush to defensive options on fears of contagion end
See also: – Orban Warns World War III Is Near Hungary’s PM: Western leaders gripped by “war fever” – World War III? It’s Close, Orbán Claims by LILI BAYER, https://www.politico.eu/ The likelihood of the war in Ukraine turning into a global conflict is growing, Hungarian Prime Minister Viktor Orbán said Friday morning. Speaking on state-owned …
Netanyahu: ‘Horrible Nuclear War’ Will Break Out, If Iran Isn’t Stopped by TOVAH LAZAROFF, https://www.jpost.com/ Netanyahu gave an interview to Iran International who intend on dubbing it into Persian and broadcasting it in Iran. – A “horrible nuclear war” will break out if the world does not stop Tehran from obtaining atomic weapons, Prime Minister …
Second Largest Bank Failure in US History Rattles Markets And Raises Fears of Wider Risks by KEITH GRIFFITH FOR DAILYMAIL.COM, https://www.dailymail.co.uk/home/index.html * Silicon Valley Bank was seized by the FDIC after collapsing on Friday * It marked the second largest bank failure in US history by asset size – The failure of Silicon Valley Bank is …
Ex-Russian President Mocks Western Media’s Nord Stream Claims by https://www.rt.com/ Reports that a “pro-Ukraine” group was behind the sabotage of the pipelines sound like a B movie plot, Dmitry Medvedev has said – Former Russian President Dmitry Medvedev has ridiculed Western media reports alleging that the attack on the Nord Stream pipelines was carried out …
300 Billion Reasons Why SVB Contagion Is Spreading To The Broader Banking System by Tyler Durden, https://www.zerohedge.com/ Update 12:00pm ET: Silicon Valley Bank has been shuttered by California regulators, who have appointed a receiver (more here). – All insured depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. …
Why Silicon Valley Bank’s Crisis is Rattling America’s Biggest Banks by Dan Fitzpatrick, https://sg.news.yahoo.com/ Rising rates and deposit withdrawals pinched SVB and Silvergate. Could the same happen to bigger banks? – The problems of two small banks on the West Coast are rippling across markets and causing new investor concerns about some of the country’s …
I apologize for the inconvenience. If you see incorrect balances or missing transactions, this may be due to a technical issue and we apologize. Your accounts continue to be secure and we’re working quickly on a resolution. -Richard — Wells Fargo (@WellsFargo) March 10, 2023 Wells Fargo Warns Customers Of ‘Incorrect Balances Or Missing Transactions’ …