Vincisblog · @vincisblog
10 followers · 167 posts · Server social.anoxinon.de

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AKA is on a mission to relive the Savings & Loan crisis of the 1980s... They're trying to keep their deposit base high enough to stay solvent by hiking the interest rates they pay but that means ballooning costs.

Worth noting that is one of the last friendly banks in the United States... basically a mini-me of / . Will meet the same fate.

#customersbank #cubi #crypto #signaturebank #sbny

Last updated 2 years ago

@JLHarwell feel free to hit me up with any thoughts you have while or after looking into them. There's one more I'm also interested in but haven't had the time to research which is . really looks like the same exact playbook (compliant bank + small stablecoin + brazenly unapproved/possibly illegal new non-SWIFT based payment network).
banklesstimes.com/news/2022/01

#cubi

Last updated 2 years ago

Parliamo di news! · @parliamodinews
16 followers · 87647 posts · Server masthead.social
Parliamo di news! · @parliamodinews
16 followers · 87647 posts · Server masthead.social
Parliamo di news! · @parliamodinews
16 followers · 87647 posts · Server masthead.social
Parliamo di news! · @parliamodinews
16 followers · 87647 posts · Server masthead.social