Silicon Valley Bank (SVB)
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Regulating Silicon Valley Bank (SVB): The Federal Reserve’s Report
According to reports, the Federal Reserve has released a report on regulating Silicon Valley Bank (SVB), blaming the collapse of the bank on weak corporate management and regulatio
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Chainalysis: After the collapse of the Silicon Valley bank, crypto users turned to DEX, and the purchase volume of USDCs on DEX surged
It is reported that the collapse of Silicon Valley Bank (SVB) has led to a significant flow of funds from the Centralized Exchange (CEX) to the Decentralized Exchange (DEX). Chainalysis, a blockchain analysis company, explained in a blog post on March 16th that when markets are volatile, capital outflows from centralized exchanges typically surge, as users may worry that they will not be able to use their funds in the event of an exchange failure. Interpretation of this information: The recent collapse of Silicon Valley Bank (SVB) has had a…
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Michael Burry, the prototype of “big bear”: The crisis triggered by Silicon Valley Bank (SVB) may be resolved soon
It is reported that Michael Burry, the prototype of “big bear”, said that the crisis triggered by Silicon Valley Bank (SVB) might be resolved soon. I did not see the real danger. Interpretation of this information: Michael Burry, who is best known for predicting the 2008 subprime mortgage crisis, has made a recent statement that the ongoing crisis caused by Silicon Valley Bank (SVB) might see a resolution soon. Burry is often referred to as the “big bear” due to his tendency to adopt a pessimistic economic outlook. His current…
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More than 190 companies around the world may need to find another way to raise funds after the explosion of Silicon Valley banks
On March 13, according to foreign media reports, more than 190 companies around the world that have obtained loans from the bankrupt Silicon Valley Bank (SVB) may be looking for new banks. According to relevant data, SVB has participated in more than US $70 billion of transactions in the syndicated loan market, most of which are in the United States. The company also participated in about 18 transactions in Asia and 10 transactions in Europe. It is not clear about its specific participation in each transaction. (Golden Ten) Interpretation of…
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Hong Kong Monetary Authority: Hong Kong banks have little exposure to SVB
It is reported that the bank incident in Silicon Valley continues to ferment. A spokesman of the Hong Kong Monetary Authority said that the HKMA has been closely following the development of SVB. According to the HKMA, the risk exposure of Hong Kong banks to SVB is very small and does not pose a risk to the stability of the Hong Kong banking system. The spokesman of the HKMA reiterated that Silicon ValleyBank did not operate banking business in Hong Kong and only had a local representative office. It is…
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German Federal Financial Supervisory Authority: ordered the closure of the German branch of Silicon Valley Bank
It is reported that the German Federal Financial Supervisory Authority (BaFin) has ordered the closure of the German branch of Silicon Valley Bank. Interpretation of this information: The recent announcement of the German Federal Financial Supervisory Authority (BaFin) ordering the closure of the German branch of Silicon Valley Bank (SVB) has sent shockwaves throughout the tech industry. BaFin has cited “deficiencies in risk management” as the reason for the closure, which, according to reports, is said to have resulted from a failure to implement adequate anti-money-laundering controls. The move by…
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French Finance Minister Le Maire: will pay close attention to the situation of Silicon Valley Bank
According to reports, French Finance Minister Le Maire said that the French banking industry has a high level of liquidity and is under extremely strict supervision. We will pay close attention to the situation of Silicon Valley Bank (SVB). The failure of banks in Silicon Valley will not pose a risk to the French banking system. Interpretation of this information: The recent statement by French Finance Minister Le Maire indicates that the French banking industry is well monitored and has ample liquidity. The minister’s attention is particularly focused on Silicon…