depositors

On May 1st, sources familiar with the matter said that in a bidding competition held by US regulatory agencies on Sunday, banks such as PNC Financial Services Group, JPMorgan Chase

On March 13, US Treasury Secretary Yellen said that regulators had been working hard to solve the bank failure in Silicon Valley all weekend, and the most important thing was to protect depositors rather than rescue investors. But she declined to disclose details of the potential solution. Yellen also said that during the financial crisis, investors and owners of systemically important banks were rescued. Now we will not do this again. The reform we have been carrying out all the time also means that we will not do this. We are concerned about depositors, and we will focus on meeting their needs. US Treasury Secretary Yellen: The regulators’ focus on the Silicon Valley banking case is to protect depositors rather than investors Analysis based on this information:On March 13, 2021, US Treasury Secretary Yellen spoke about the ongoing efforts to solve the bank failure in Silicon Valley. She highlighted the importance of protecting depositors, stating that this was the regulator’s…

According to reports, Hal Press, CEO of North Rock Digital, a hedge fund, tweeted that there were many different channels for the SVB hearing, including the com

On March 12, Mike Alfred, the founder and managing partner of Alpine Fox LP, revealed on social media that the Federal Deposit Insurance Corporation (FDIC) of the United States has entered the First Republic Bank site to try to determine the best way to protect depositors. Considering the accelerated bank run that has reached the critical point, things are developing much faster than expected. The US FDIC has settled in First Republic Bank, and the bank’s capital wire transfer transaction has been stopped Analysis based on this information:Mike Alfred, the founder of Alpine Fox LP, announced on social media that the Federal Deposit Insurance Corporation (FDIC) has entered the site of First Republic Bank. The FDIC’s entry is to determine the best possible way to protect depositors’ funds amidst an accelerated bank run that has reached a critical point. The situation is developing much faster than what was expected, creating an urgent need for immediate intervention and resolution. The FDIC…