[ad_1] HONG KONG (Reuters) – Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S.…
Tag: Deposits
Silicon Valley Bank Fails After Run on Deposits
[ad_1] One of the most prominent lenders in the world of technology start-ups, struggling under the weight of ill-fated decisions and panicked customers, collapsed on Friday, forcing the federal government…
Crypto Bank Silvergate to Shut Down, Repay Deposits
[ad_1] Markets Currencies Cryptocurrency The crypto-market rout sparked a run that forced it to sell assets at a steep loss to cover withdrawals [ad_2] Source link
Banks’ Golden Deposits Could Turn Back to Lead
[ad_1] The latest earnings season for banks was marked by rising loss reserves and depressed Wall Street revenue, plus the view in some corners that interest rates might not keep…
Banks Borrow Unsecured Cash at Record Clip While Deposits Flee
[ad_1] Markets Deposits at U.S. lenders fell in two consecutive quarters last year for the first time in over a decade [ad_2] Source link