The second largest bank failure in American History?…C’mon man, no joke.

[API]

Appears that the DOJ and SEC are investigating.

Ho hum… If the “investigation” results in meaningful action, it will be the first time in a long while.

 

[Duckfiend]

UBS agrees to buy Credit Suisse for more than $2 billion - FT

UBS will pay more than 0.50 francs ($0.5401) a share in its own stock, far below Credit Suisse’s closing price of 1.86 francs on Friday, FT reported, citing sources. The Swiss National Bank has agreed to offer a $100 billion liquidity line to Credit Suisse as part of the deal, the FT added...

www.yahoo.com

I wonder what new banking news awaits us this week?

 

[Duckfiend]

 

[pintail2222]

UBS agrees to buy Credit Suisse for more than $2 billion - FT

UBS will pay more than 0.50 francs ($0.5401) a share in its own stock, far below Credit Suisse’s closing price of 1.86 francs on Friday, FT reported, citing sources. The Swiss National Bank has agreed to offer a $100 billion liquidity line to Credit Suisse as part of the deal, the FT added...

www.yahoo.com

I wonder what new banking news awaits us this week?

WSJ: Dozens of Banks May Have Risks Similar to Silicon Valley Bank, Economists Find​

Silicon Valley Bank failed after rising interest rates reduced the value of its assets and worried customers scrambled to withdraw uninsured deposits. In a new study, economists said they found 186 banks that may be prone to similar risks.

Dozens of Banks May Have Risks Similar to Silicon Valley Bank, Economists Find

Silicon Valley Bank failed after rising interest rates reduced the value of its assets and worried customers scrambled to withdraw uninsured deposits. In a new study, economists said they found 186 banks that may be prone to similar risks. In a [paper posted this week](https://papers.ssrn.com/sol3/

www.wsj.com

 

[Duckfiend]

https://www.cnn.com/2023/03/19/economy/central-banks-fed-dollar-liquidity/index.html

 

[pintail2222]

https://www.cnn.com/2023/03/19/economy/central-banks-fed-dollar-liquidity/index.html

What is this? QE5? QE6?

 

[Duckfiend]

What is this? QE5? QE6?

Fed Panics, Announces "Coordinated" Daily US Dollar Swap Lines To Ease Banking Crisis | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

“... because now that we are back in liquidity injection mode, well, say goodbye to hopes of seeing affordable eggs every again.”

 

[OneShotBandit]

I HATE that man in the WH AND his Political Cronies!

 

[Duckfiend]

Coinbase, 1% in 1% out

Coinbase Tumbles After-Hours On Wells Notice Disclosure | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Lip Shooter]

Coinbase Tumbles After-Hours On Wells Notice Disclosure | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

If that makes you un-comy with this I would suggest you stay away from it Doesn't really make me blink I have my stuff on my hardware wallet no worries for me :=)