Banking
459 Threads
We just had the biggest bank collapse in America since 2008. And it happened because of a bank run. Let me explain how this will impact YOU:
1/14 $SVB fails two days after $SI fails. Why now? What was the catalyst? tl:dr Their deposit rates are too low, and there is an effective run on the entire “low yielding” bankin...
There is more than $22 Trillion in the U.S. banking system. The FDIC has $124.5 Billion on its balance sheet and a $100 Billion line of credit from the U.S. Treasury. FDIC assets c...
Crazy day. After 22 years between SVB and FRB, I'm still at shock. My wife also works at SVB right now. The news today was huge, and here is what I've pieced together across 100'...
The collapse of Silicon Valley Bank highlighted the risks posed by "underwater" long duration bonds -- particularly when those bonds funded with short-term liabilities. Who else i...
Many of my startup friends see that I used to be an investment banker and have consequently asked me to explain to them what's going on with SVB as I would explain it to a 7 year o...
3 days ago @Forbes awarded SVB ‘America’s Best Bank’ In last few hours: SVB failed to raise money Shut its online banking and app. So No one can transfer their money out of the...
🏦📉 SVB Crash Explained📉🏦 Silicon Valley Bank—#16 largest US bank with $212B — just crashed 60% in 1 day & fell 22% post-close. Stock halted now. @BillAckman is calling a US gov b...
Is Silicon Valley Bank is in trouble. But is the rest of the U.S banking system? Short 🧵
Mmk fine time for a thread on my thoughts of SVB and this banking crisis as a whole and where the potential landmines lie and what matters.
Best fixed deposit rates (March 2023 edition): - MBSB: 4.30% pa, 15 months, min RM10,000 - CIMB: 4.20% pa, 12 months, min RM1,000 - RHB: 4.10% pa, 6 months, min RM5,000 - Publi...
Why this sudden meltdown in bank stocks? A couple of interesting theories and charts are doing the rounds, so let's have a look under the hood. A thread. 1/
Silicon Valley Bank $SIVB is in trouble. It sold off a $21 billion bond portfolio for a huge loss to shore up liquidity. The market is worried and the stock is down 54% today....
Everyone needs a high-yield savings account (as their 3-6 month emergency fund). Your parents are NOT an emergency fund. 💰Here are 7 HYSA's offering 4% interest (that you can ope...
The spread between the shilling’s official printed exchange rate against the dollar and the price at which buyers are accessing the hard currency in banks has widened over the past...
1/ A seminal week for the crypto sector. What’s the best topic to focus a thread on this weekend?
Update: Axis Bank has completed acquisition of Citibank’s consumer business. The Bank acquires: 🔸Rs 273 bn in assets 🔸Rs 400 bn of liabilities for cash consideration of Rs 116.03...
I get a lot of questions about Branch [@branch_mfb] Savings products. They offer 15% interest on savings per annum. How is this possible? Is it a scam? Here's the whole story fo...
🚨 IDFC First Bank is Now Offering 7.75% Interest Rate on Fixed Deposits Never seen FD Rates this Lucrative
SBI’s 1-year fixed deposit offers 5.75%. But if you extend the tenure by just 35 days, you can get 7.1% (for a 400-day FD). At first, it may look irrational. But there’s a logic...
Mayer Amschel Rothschild 1744 Germany, the most famous of all European banking dynasties, which for some 200 years exerted great influence on the economic and political history of...
1/6 What a saga. Banamex is one of Mexico's oldest banks, and like all the private commercial banks it was nationalized in the 1982 crisis, and then reprivatized in 1991, along wit...
Payday 3.0 is live 🚀 We'll love to tell you about the magic we've built ✨ (THREAD 👇🏿) https://t.co/HfjIecVfGw
The Central Bank of Nigeria has launched AfriGo, the first domestic card scheme in Africa. Here are some things to know about the new card: https://t.co/8sMlYDyUCU
