The recent collapse of three high-profile banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of $54 billion, the echoes of prior crisis in 2008 and 2013 are loud.
Source
Related posts
-
XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally
Este artículo también está disponible en español. XRP has been range-bound in recent days, consolidating after... -
Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support
Ripple’s XRP has managed to maintain its position above... -
Stephen Miran to Lead Trump’s Economic Team: What It Means for Bitcoin’s Future
On Sunday, President-elect Donald J. Trump revealed that Stephen Miran, who previously served during Trump’s first...