Chirael (Anthony) :ferdiverified: 🇺🇦 :rainbow_flag: · @Chirael
200 followers · 784 posts · Server infosec.exchange
beSpacific · @bespacific
707 followers · 1140 posts · Server newsie.social
#Treasury, #Fed #FDIC have taken extraordinary measures aftr sudden collapse of #SiliconValleyBank announcing plan to reclassify bank along w #SignatureBank as a #SystemicRisk thus ensuring uninsured #deposits are guaranteed by #federal #Bankdeposit #insurance #fund. The action comes after an unsuccessful attempt during the weekend to auction SVB. Meanwhile, First Republic Bank has staved off a run on deposits by bolstering liquidity via funding from Fed ,JPMorgan Chase.
https://www.nytimes.com/2023/03/12/business/janet-yellen-silicon-valley-bank.html
#treasury #fed #fdic #siliconvalleybank #signaturebank #systemicrisk #deposits #federal #bankdeposit #insurance #fund
Krupo · @krupo
18 followers · 474 posts · Server infosec.exchangeGotta admit the commercials running during tonight's #Oscars are kinda good. Well, compared to the usual shlock anyway.
The CDIC.ca #BankDeposit insurance protection ad is very #SVB on the nose. Savage @mainframed767