First Republic: Probleme der Bank laut JPMorgan-Führungskraft kein Einzelfall https://de.cointelegraph.com/news/first-republic-s-crisis-is-not-an-isolated-incident-suggests-jpmorgan-exec #FederalDepositInsuranceCorporation #FederalHomeLoanBank #FirstRepublicBank #Bankenkrise #Einlagen #JPMorgan #Krise #FDIC #FHLB

First Republic’s crisis is not an isolated incident - suggests JPMorgan exec - The CIO of JPMorgan Asset Management said it’d be “naive to say t... - https://cointelegraph.com/news/first-republic-s-crisis-is-not-an-isolated-incident-suggests-jpmorgan-exec #federaldepositinsurancecorporation #federalhomeloanbank #firstrepublicbank #fdic #fhlb

As you remember,after #FTX meltdown,#Silvergate booked uS$ 8 bln customer withdrawals in 2022 Q4
A unit of #FederalHomeLoanBank supplied billions for operation
U.S. gov-sponsored #FHLBanks provide advances -secured loans to members- and members purchase capital of FHLBanks in exchange
At 2022 Dec.31 #Silvergate held uS$ 4.3 bln of short-term Federal Home Loan Bank advances
that was backed with its own securities as collateral.