Any blowback from Silicon Valley Bank?
3 replies (most recent on top)
Deposits went up on Thursday and Friday. Sleepy Joe didn’t help either.
I don't know, next week will be interesting. It's funny i read about the WF glitch but it seemed like the BofA glitch last month, minor in the big picture of things. Last financial crisis WF ended up being the best looking from a risk perspective of the big banks.
Well their interest bond payments is what ki-led them. The kicker is EVERY bank is holding more in bonds than cash.
We will see more banks fail. I heard Wells Fargo is having issues again already (of course)