Nearly 200 banks at risk for same fate as SVB

Forum rules
Keep News and Politics about News and Politics.

Do not post full articles from other websites. Always link back to the source

Discuss things respectfully and take into account that each person has a different opinion.

Remember that this is a place for everyone to enjoy. Don’t try and run people off of the site. If you are upset with someone then utilize the foe feature.

Report when things come up.

Personal attacks are against guidelines however attacks need to be directed at a member on the forum for it to be against guidelines. Lying is not against guidelines, it’s hard for us to prove someone even did lie.

Once a topic is locked we consider the issue handled and no longer respond to new reports on the topic.
Deleted User 1990

Unread post

Nearly 200 more banks may be vulnerable to the same type of risk that took down Silicon Valley Bank: The value of the assets they hold.

There are 186 banks across the country that could fail if half of their depositors quickly withdraw their funds, a new study published on the Social Science Research Network found.

Even insured depositors — those with $250,000 or less in the bank — could have problems getting their cash if these institutions face the sort of run that Silicon Valley saw a week ago.


https://nypost.com/2023/03/18/nearly-20 ... did-study/
cgd5112
Donated
Donated
Regent
Regent
Posts: 2091
Joined: Mon May 21, 2018 6:18 pm
Location: Northeast

Unread post

Good grief … It feels like our whole society is built like a house of cards …. :(
cgd5112
Donated
Donated
Regent
Regent
Posts: 2091
Joined: Mon May 21, 2018 6:18 pm
Location: Northeast

Unread post

Good grief … It feels like our whole society is built like a house of cards …. :(
newyearnewring
Marchioness
Marchioness
Posts: 567
Joined: Wed Jan 18, 2023 3:23 pm

Unread post

I would think that any business which loses half of its clients overnight would be at risk for failing. While I find the bank failures alarming, this particular aspect isn't really surprising.
User avatar
Baconqueen13
Princess Royal
Princess Royal
Posts: 6811
Joined: Mon May 21, 2018 12:10 am
Location: In Sanity

Unread post

Gee, if only the regulations that were in place that tested these sorts of things and ensured banks had oversights and protections against failures weren't rolled back in 2018 in favor of bank lobbyists. I mean really, who could have seen this coming?
User avatar
mater-three
Princess Royal
Princess Royal
Posts: 5692
Joined: Mon May 21, 2018 3:57 am
Location: Tennessee

Unread post

That’s what happens when interest rates go up.
Locked Previous topicNext topic