SVB Deja Vu Last week, the regional banking industry took a major hit. This was caused by very bad earnings from$ニュー ヨーク コミュニティ バンコープ(NYCB.US)$. The negative sentiment spread throughout the regional banking sector. The systemic spread of fear reached as far as Japan with just about any small bank with exposure to commercial real estate feeling the pain. A few banks issued warnings that hinted towards more pain to come for banks in the commercial real est...
$SVB Financial(SIVB.US)$ Those who were only surprised by the plunge yesterday probably didn't pay much attention to the US financial industry. Let me say a few words casually. 1. First, the problem of SIVB is not a day or two. In November last year, I wrote in Memo: "We can see that the company SIVB is already insolvent. According to the latest financial statements, behind the equity of 15.8 billion, there are 3.6 billion preferred shares and 16 billion held-to-maturity market price (mark-to-ma...
Mcsnacks H Tupack :
They had to sell their treasury bonds before they matured in order to cover the SI losses in the cryptocurrency market. They would have been fine if they didn't have to sell the bonds before maturity.
lee…スレ主Mcsnacks H Tupack:
SVB's business volume is quite large, including banks, brokerages, and investment businesses, and its own business volume is not small. These funds are squeezed out on a large scale in a short period of time, which really puts a lot of pressure on the market, and the default risk of SVB is added. Large, the counterparty to the transaction will also follow suit in a series. It is expected that Powell will watch the interest rate hike cause a substantial financial turmoil. We should be able to look forward to whether the pace of interest rate hikes can be suspended.
MonkeyGee : I don't know. sit on hand opportunity?
SpyderCallスレ主 MonkeyGee: Right. I'm gonna hold off on this one.