A new study identifies 186 more banks are at risk of a Silicon Valley Bank-style collapse. Meanwhile, Senator Elizabeth Warren is calling for an independent probe into the recent failures of Silicon Valley Bank — and more regulation. Former President Donald Trump called for protests over the weekend, saying he’s expecting to be arrested on…
LIVE NOW: NTD News Today (March 20): Study Indicates Over 180 Banks Could Collapse; Lawmakers React To Possible Trump Indictment
March 20, 2023
admin
bankcross-sex proceduresdetransitionerdrag queen story hourEpochTVLive VideosNTD News TodaySilicon Valley Bank CollapseSVBTrumpVideo
0 Comment
NTD News Today (March 20): Study Indicates Over 180 Banks Could Collapse; Lawmakers React To Possible Trump Indictment
March 20, 2023
admin
bankcross-sex proceduresdetransitionerdrag queen story hourEpochTVLive VideosNTD News TodaySilicon Valley Bank CollapseSVBTrumpVideo
0 Comment
A new study identifies 186 more banks are at risk of a Silicon Valley Bank-style collapse. Meanwhile, Senator Elizabeth Warren is calling for an independent probe into the recent failures of Silicon Valley Bank — and more regulation. Former President Donald Trump called for protests over the weekend, saying he’s expecting to be arrested on…
A Mismanaged Silicon Valley Bank Failure Has Grave Consequences
March 18, 2023
admin
Business & MarketsBusiness ColumnistsChinaChina Business & Economyeconomic policieseconomyFDICFederal ReserveGlobal ExpansionInternational RelationsInvestmentJanet YellenMarketsOpinionrecessionSilicon Valley Bank CollapseSpecial Topicsstocks
0 Comment
Commentary This was undoubtedly the week that was. Silicon Valley Bank’s (SVB) failure sent the markets into the worst turmoil since the 2008 financial crisis. And, as I write this Friday morning, St. Patrick’s Day, there are “little fires everywhere” in regional banks that have unsettled markets. Most of them could have been avoided. What…
Banking Regulators to Face Congress Over SVB, Signature Bank Collapse
March 18, 2023
admin
Business & MarketscongresseconomyFDICHouse Financial Services CommitteePoliticsSilicon Valley Bank CollapseSVBUSUS News
0 Comment
Congress will hold its first bipartisan hearing with top federal financial regulators into the failure of Silicon Valley Bank (SVB) and Signature Bank at the end of the month, the House Financial Services Committee announced Friday. Martin Gruenberg, chairman of banking regulator the Federal Deposit Insurance Corporation (FDIC), and Michael Barr, vice chair for supervision…
Americans to Bear Burden of Monetary System’s Gradual Deterioration, Economist Says
Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires progressively more intervention by authorities to perpetuate itself, according to an influential author and economist. It may take “a very long time,” however, for the system to actually break, he told The Epoch Times. The recent downfall…
Billionaire Investor ‘Extremely Concerned’ About Financial Contagion Risk After First Republic Rescue
March 17, 2023
admin
Business & MarketsCompanieseconomic policieseconomyFirst Republic BankMarketsSilicon Valley Bank CollapseUS
0 Comment
Billionaire investor Bill Ackman said he is “extremely concerned” by the federal government-backed infusion of $30 billion to First Republic Bank by 11 of the top banks, saying the plan will create a “false sense of confidence” and risks the spread of contagion. On Thursday afternoon, 11 banks—including JPMorgan Chase, Wells Fargo, Citibank, and Bank…
Banks Borrow Billions to Maintain Liquidity, Fed Data Show
March 17, 2023
admin
banksBusiness & Marketseconomic policieseconomyFederal ReserveSilicon Valley BankSilicon Valley Bank CollapseUSUS News
0 Comment
Banks have borrowed a combined total of $164.9 billion from the Federal Reserve in recent weeks following the collapse of Silicon Valley Bank (SVB), data published by the central bank show. According to Fed statistics released Thursday, banks borrowed $152.85 billion from the central bank in the week ending March 15 using the Fed’s traditional discount window—known as discount window…
First Republic Gets $30 Billion Rescue From Top US Banks
The beleaguered First Republic Bank will receive $30 billion from the top U.S. banks in a bid to stabilize the troubled firm, the banks confirmed in a joint statement Thursday. Eleven of the largest U.S. banks will provide an infusion to the bank following a volatile week that saw the lender’s stock plunge following the…
Bond Market Volatility Spikes Amid Uncertainty Over Fed Rate Hikes
March 16, 2023
admin
banking crisisbond market concernsBusiness & Marketseconomyhigh inflationinflationInvestmentMarketsSilicon Valley Bank CollapseUSUS Newsvolatile bond markets
0 Comment
Bond volatility has jumped and yields have fallen as the American banking crisis cast doubts on whether the Federal Reserve will continue with its policy of rate hikes. On March 10, Santa Clara-based Silicon Valley Bank (SVB) failed, which is the second-biggest bank failure in American history. Two days later, on March 12, U.S. regulators…
SVB, ESG, and Biden’s ERISA Rule
Commentary The collapse of Silicon Valley Bank (SVB) occurred just days after Congress passed the Braun-Barr resolution, which overturns the Biden administration’s “Prudence and Loyalty” rule and its encouragement of environmental, social, and governance (ESG) investing by pension managers under the Employee Retirement Income Security Act (ERISA). The timing could hardly be more instructive. The Prudence…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`