As the Q1 financial reports of the banking industry gradually come out, the liquidity crisis in the banking industry represented by Silicon Valley Bank (SIVBQ) in March will also bring more clues in performance disclosure. Core factors such as deposits, liquidity, and balance sheets that have caused recent market volatility will become the core focus of the US banking industry.Large banks: Most performances are good and stock prices rise but are also affected by other macroeconomic factors. $JPMorgan Chase(JPM)$ Net profit increased 52% year-on-year to $12.6 billion;Revenue reached a record high of $38.3 billion, a year-on-year increase of 25%, higher than market expectations of $36.2 billion.New loans amounted to $37 billion, while market expectat
$SVB Financial Group(SIVBQ)$ I dont know what behind this OTC stock now? is there any company behind it to drive it upwards or its just a number going up and down? I got a good loss in SIVB and broker closed my position when it opened that day after a disgraced halt.
$Signature Bank(SBNY)$ You guys, there is not a company left. SBNY has been taken by the US Government and broken apart and sold at a discount. This is just another criminal act, to allow Brokers to steal more money from poor retail investors. Sad that this is allowed. How can the Government allow a stock to trade that has no company? Think more and more similar cases will come up, isn’t it terrible?
The Liquidity Crisis Has Gone? CITIC Securities: Fed Bombs May Hide in August
In March, we witnessed a bank from the sale of its assets to bankruptcy only takes 48 hours, and we also saw that it takes only one weekend for the risk to spread from the United States to Europe. A globally systemically important bank like $Credit Suisse Group AG(CS)$ has been severely impacted, and the liquidity position is likely to escalate to a credit crisis.After these accidents, global central banks shows clear attitude: risk prevention is the highest priority!The U.S. Treasury Department, the Fed, the Swiss National Bank, and the European Central Bank have all stated that they can save, must save, and to save as soon as possible.It is clear that the cost of rescuing the bank in trouble is indeed low, otherwise the serial bank runs will cause
The Bank Crisis Week 3: Not Out of The Woods Yet & Whither First Republic?
By Sean RyanNot Out of The Woods Quite YetThe banking system seems to be stabilizing, at least for now, but we are concerned that liquidity problems will before long be supplanted by credit problems. In this report we offer thoughts on what to watch, and on energy finance as just one of many, as-yet little examined, potential long-term effects of this crisis.Deutsche Bank isn’t Credit Suisse.Deutsche Bank renewed contagion fears on Friday, as CDS spreads widened sharply and the stock dropped by 10%. On one hand, there are some key differences, starting with the fact that Deutsche Bank is decently profitable, in aggregate as well as in each of its key components. The bank boasts a CET1 ratio of 13.4% and a Liquidity Coverage Ratio of 135%, although any solace to be found there is mitig
【Voting Post】$First Republic Bank(FRC)$ Went short on $Coinbase Global, Inc.(COIN)$ Bearish. They have been in the spotlight for all the wrong reasons , and might fall a bit further due too the SEC investigating them. Crypto companies are highly volatile, and can return a good profit, but also make huge losses over a very short time. A bit like the banking system as of lately. Not many would have put they money on a bank collapse a few month ago. And that is my second investment where I went big . Not many believes in First Republic Bank anymore, but I do think if they can survive the next few weeks, and get some of the old depositors too put some money back into the bank again it could be interesting
JPM vs. WFC: Which Bank Stock is a Better Dip Buy?
Story HighlightsThe recent sell-off in the banking sector may have some investors pawing through the stock market’s bargain bin in search of shares trading at attractive discounts. It’s virtually impossible to go wrong with financial firms designated as “too big to fail,” but valuation multiples suggest one of these two financial services stocks might offer more upside than the other.JPMorgan stock is down 5.5%for the last five days, while Wells Fargo is down more than 8%. Thus, it makes sense to consider whether these sell-offs are sufficient enough to trigger a buy-the-dip opportunity.JPMorgan Chase shares are down 10% for the last 12 months, so they’ve held up better than Wells Fargo stock, which is off 26% over the same timeframe. Nonetheless, both stocks are good, but a closer lo
Bank run is scary. What’s next investing opportunities?
After a bank run, it's natural to feel anxious about your financial future. However, with a clear head and some thoughtful planning, you can turn this difficult experience into an opportunity for growth and prosperity. In this article, we'll explore some investment opportunities that may be worth considering after a bank run. 1. Real Estate Investments: Real estate is an attractive investment option because it is a tangible asset that can provide a steady stream of income through rent payments. Additionally, real estate values tend to appreciate over time, making it a potentially lucrative investment in the long run. If you have access to capital, consider investing in real estate as a way to diversify your portfolio and generate income. 2. Gold and Precious Metals: After a bank
Rate Cut Now !Write off 85% shareholders value ! Shock . UBS offer made on Sunday was of 0.25 Swiss francs ($0.27) per Credit Suisse share, well below Friday's closing price of 1.86 Swiss francs and all but wiping out the bank's existing shareholders.UBS has also insisted on a 'material adverse change' that voids the deal in the event its credit default spreads jump by 100 basis points or more.10,000 jobs may have to be cut if the two banks combined.It’s investment bank under the First Boston brand now in doubt .
Recently the banks like $SVB Financial Group(SIVB)$ and $Signature Bank(SBNY)$ have failed. The US government has announced that they will cover even uninsured deposits without tax payers being burdened. It is a good thing that all depositors will get their money back and the contagion will not spread However this also sets a dangerous precedent and does not root out mismanagement, instead sending a wrong signal. The FDIC should only insure deposits upto USD 250,000 however now they are insuring all deposits. The signal being sent out is that someone will cover you if banks fail, without limits. At one stage this may become untenable.
My muse on SVB - what could be the bigger contagion from closure of 2 banks?
SVB has been hogging the headlines for all the wrong reasons as it suffered a dramatic collapse, forcing the government to intervene and the trading to stop. In fact, SVB has made it to Forbes’ list of America’s best banks in 2023 (post published on 6th Mar 2023).Who is Silicon Valley Band (SVB)?This is the business description taken from QuickFS.SVB operates in 4 segments and is an integral of the US venture capital ecosystem in Silicon Valley.Here is some info extracted from a recent Bloomberg news article:On 12 March 2023, we have the following good news:Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.Source: https://federalreserve.gov/newsevents/pressreleases/monet