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USA banks, what happened?

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MAR 9, 2023
Himanshu Khanna
him
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What is up (or down) with USA banks all of a sudden? Looks like a bloodbath.
Himanshu Khanna
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Hemil Patel
lavadrake
Bank of america, mentioned that sooner the fed may announce recession. Its so messed uo financially
MAR 10, 2023
Harshit Marwah
harshit4309
Just came across this too - https://techcrunch.com/2023/03…
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Yash Sanghvi
MrSanghvi
Powell said “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes." Which is putting too much pressure on lending Adding Silvergate a Crypto friendly bank shut down this week
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Himanshu Khanna
him
Hemil Patel
Hemil Patel
Bank of america, mentioned that sooner the fed may announce recession. Its so messed uo financially
Isn’t it already an official recession?
Himanshu Khanna
The condition and causation of SVB brilliantly explained by Deepak here https://mobile.twitter.com/dee…
Hemil Patel
lavadrake
Himanshu Khanna
Himanshu Khanna
Isn’t it already an official recession?
Can say that. But not announced anything in press.
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MAR 13, 2023
Yash Sanghvi
MrSanghvi
New York’s Signature Bank shut down
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Yash Sanghvi
HSBC UK acquired SVB UK for 1£.
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Yash Sanghvi
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