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How Silicon Valley Bank and Signature Bank compare to Bank of America, Chase and others

💁🏻 Venture capitalists soaked up ten year bonds and used them as a moneymaking strategy since 2020, but then rates rose and kept rising, and they became worthless, so what do they do? They say the bank can't pay for the assets held in accounts, so there might be a bank run.

@NYDFS  had a "crisis of confidence" in Signature Bank's leadership due to a lack of reliable data from the bank over the weekend, the regulator said. It rejected claims that it shuttered Signature due to crypto. @nikhileshde  reports

Probation workers will be redeployed from Whitehall to prisons due to staffing crisis

A Bank Crisis Was Predictable. Was the #Fed  Lying or Blind?

Innovation Beat: For Boston’s startup community, the sudden failure of Silicon Valley Bank could hardly have come at a worse time.

CHARLES SCHWAB CEO: THE LIKELIHOOD OF THE BANK SELLING GOVERNMENT SECURITIES APPEARS TO BE EXTREMELY LOW.

CityNews spoke with Canadian financial experts about the collapse of the Silicon Valley Bank in the United States. They said it's unlikely a similar event would happen in Canada.

Democrats Propose Reversal of Trump-Era Bank Rule After SVB Collapse

DOJ and SEC are investigating Silicon Valley Bank's failure

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Our house is burning. Literally. The Amazon rain forest - the lungs which produces 20% of our planet’s oxygen - is on fire. It is an international crisis. Members of the G7 Summit, let's discuss this emergency first order in two days! #ActForTheAmazon 

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Congress voted 517-5 to impose sanctions on Russia. The President decides to ignore that law. Folks that is a constitutional crisis. There should be outrage in every corner of this country.

reminder that Trump’s personal loan officer at Deutsche Bank was SCOTUS Justice Kennedy’s son

Halting funding for the World Health Organization during a world health crisis is as dangerous as it sounds. Their work is slowing the spread of COVID-19 and if that work is stopped no other organization can replace them. The world needs @WHO  now more than ever.

Following the medical emergency involving Denmark's player Christian Eriksen, a crisis meeting has taken place with both teams and match officials and further information will be communicated at 19:45 CET. The player has been transferred to the hospital and has been stabilised.

Joe Biden will inherit from Trump: The worst economy since the Great Depression, the worst public health crisis in 100 years, massive wealth inequality, the existential threat of climate change, a racist immigration system. These unprecedented crises demand unprecedented action.

How Donald Trump and Mike Pence handled the coronavirus crisis is the greatest failure of any American presidency.

During this crisis, our grocery store clerks, delivery drivers, transit and utility workers—along with so many others—have been selflessly getting up every day to make sure we have the things we need. And for that, we say thank you.

Sandra the orangutang started washing her hands because she saw all the zookeepers doing it repeatedly during the COVID-19 crisis. Wash your hands. Be more like Sandra.?❤️??

The president is turning to racist rhetoric to distract from his failures to take the coronavirus seriously early on, make tests widely available, and adequately prepare the country for a period of crisis. Don't fall for it. Don't let your friends and family fall for it.

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