Tag: Silicon Valley Bank

The banking crisis continues, with First Republic Bank being acquired by JP Morgan

Banking crisis: First Republic Bank Seized by US Authorities and Acquired by JP Morgan

Jason PlantLeave a Comment on Banking crisis: First Republic Bank Seized by US Authorities and Acquired by JP Morgan

DOMINOS: The First Republic bank did not resist the massive withdrawals of its customers SVB, Signature and now First Republic Bank … The American banking sector is registering a new failure. And it is this time JP Morgan who plays the firefighters. Financial authorities have taken control of the ailing Californian bank First Republic Bank which will be acquired by […]

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SVB closes in united states

SVB Closes, Biggest Bank Failure in the United States since 2008

spanner44Leave a Comment on SVB Closes, Biggest Bank Failure in the United States since 2008

BANKRUPTCY: The closure of SVB has caused some repercussions on the market Slight wind of panic on the markets. Silicon Valley Bank (SVB) was closed by US authorities on Friday, marking the largest bank failure in the United States since the 2008 financial crisis. The American Deposit Guarantee Agency, the FDIC, has taken control of the establishment, which should […]

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