87: SVB's Risky Bailout and The Bank Run “Domino Effect”
On The Market
00:00
What Happened to SVB and Signature?
The problems do seem to be isolated to smaller banks, mostly working with businesses like SVB and Signature. These banks were hit particularly hard by rising interest rates. A lot of the risk comes from people and fear, not from the banks like balance sheets or anything at all. But right now, as of this recording, it doesn't look like those huge banks are in trouble.
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