Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Yes SVB & Signature Banks in the US have had to be "rescued" by the regulator, but they were niche lenders & have been subject to the alarmingly usual panic that seems to grip investors, depositors & the general market when banks like these make announcements about the need to raise capital.

    SVB lent to high tech start ups & Signatures customers were mostly in cryptocurrency.

    To be brutally honest "keep moving there really is nothing to see here"

    The market will have the yips for a few days & then settle down when it becomes clear mainstream banks have more than adequate liquidity for their day to day needs.

    Oh yes & HSBC have got a reasonable deal buying the UK arm of a niche bank for £1.

Report Post

 
end link