Was last fall’s UK Treasury crisis a warning bell for SVB?
Investors might not have to look so far back to see their own future. Six months ago an alarm went off in the United Kingdom, when the gilt market (UK government bonds) spun out of control. We may be hearing that same siren across the pond today. Back in September, former Prime Minister Liz Truss unveiled a huge package …
The post Was last fall’s UK Treasury crisis a warning bell for SVB? appeared first on Egypt Independent.
Egypt Independent
March 15, 2023
US President Joe Biden says the government’s swift actions to help depositors in two banks should give the public confidence the US banking system is safe. Bank stocks around the … Continued
Silicon Valley Bank customers will have access to their deposits, US officials say, as the federal government announces actions to shore up deposits and stem any broader financial fallout from … Continued
