The Federal Reserve and FDIC have reportedly discussed creating a fund to protect deposits if more banks come under financial distress.
Cambria Investment Management CIO and co-founder Meb Faber reacts to the Silicon Valley Bank collapse and casts his market predictions on ‘Barron’s Roundtable.’
Specifically, they are weighing creating a fund that would allow regulators to backstop more deposits at banks that run into trouble.
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Financial-system risks put a smaller March rate hike by Federal Reserve back in playFinancial woes at Silicon Valley Bank are raising questions about whether a broader financial crisis may be in the works.
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Mark Cuban calls on Federal Reserve to buy Silicon Valley Bank debtInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
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Chris Whalen: Collapse of Silicon Valley Bank 'Goes to the Feet of Jerome Powell,' Federal ReserveChris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell for the failure of Silicon Valley Bank.
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Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate ShutdownsThe shutdowns of Silicon Valley Bank and Silvergate are causing ripple effects in the crypto sector, with many now looking at the impact on USDC issuer Circle, which held reserves in those banks. reports
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