Regulators close New York's Signature Bank, citing systemic risk PUBLISHED SUN, MAR 12 2023 6:24 PM EDT UPDATED 2 MIN AGO Yun Li @YUNLI626 WATCH LIVE Reuters U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution they shuttered after Silicon Valley Bank's collapse. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority," Treasury, Federal Reserve, and FDIC said in a joint statement Sunday evening. The banking regulators said depositors at Signature Bank will have full access to their deposits. "All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer," the regulators said. Signature is one of the main banks to the cryptocurrency industry. As of Dec. 31, Signature had $110.4 billion in total assets and $88.6 billion in total deposits, according to a securities filing.
At the end of 2021, the bank had total assets of $118 billion, deposits of $85.31 billion, and loans of $65.25 billion.[7] Banking officials in New York state closed the bank on March 12, 2023, two days after Silicon Valley Bank was seized.[3]
那个first republic好像也不太好，Fed进驻了 https://www.dailymail.co.uk/news/article-11849049/amp/Customers-line-outside-Republic-Bank-money-SVB-bank-collapsed.html https://mobile.twitter.com/mikealfred/status/1634783756656492544 “BREAKING: The FDIC is already on site at First Republic Bank trying to determine the best path forward to protect depositors. Things are moving way faster than expected given the accelerating bank run that has already reached a tipping point.”
New York-based Signature Bank, which has a number of crypto clients, was shut down Sunday by state regulators, the Federal Reserve announced. In a statement, New York Department of Financial Services Superintendent Adrianne Harris said the Federal Depository Insurance Corporation (FDIC) had taken receivership of the bank. This marks the third bank collapse in under a week, following Silvergate Bank's voluntary liquidation and Silicon Valley Bank's shutdown on Wednesday and Friday, respectively. Harris said the action was taken "to protect depositors." A joint statement from the Federal Reserve, FDIC and U.S. Treasury Department said all depositors who used Signature would be made whole, in a joint statement outlining actions the federal regulators would take to protect depositors in SVB. "Signature Bank is a New York state-chartered commercial bank and is FDIC-insured, with total assets of approximately $110.36 billion and total deposits of approximately $88.59 billion as of December 31, 2022," Harris' statement said. "DFS is close contact with all regulated entities in light of market events, monitoring market trends, and collaborating closely with other state and federal regulators to protect consumers, ensure the health of the entities we regulate, and preserve the stability of the global financial system." "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer," the joint Fed/FDIC/Treasury statement said. The move came mere months after Signature announced it would be reducing its exposure to the crypto sector.
Bond 只要hold to maturity 是稳赚，所谓fixed income。中间会有价格涨跌，只要不卖就没有影响。 Banana.Republic 发表于 2023-03-12 20:40
NO NO NO!!! 那是对于我们这样用自己钱的消费者， 用自己的钱买，hold to maturity总是挣的。 银行的钱90%以上都是借的，今年的是，明年的也是。 一个50万，2.5%年率，30年到期的mortgage，银行每年都得借钱来顶着。以前利息低，1%能借到，那就每年挣1.5%。现在利息高，5%才能借到，每年亏2.5%，亏后面29年。最后折算倒present value。
NO NO NO!!! 那是对于我们这样用自己钱的消费者， 用自己的钱买，hold to maturity总是挣的。 银行的钱90%以上都是借的，今年的是，明年的也是。 一个50万，2.5%年率，30年到期的mortgage，银行每年都得借钱来顶着。以前利息低，1%能借到，那就每年挣1.5%。现在利息高，5%才能借到，每年亏2.5%，亏后面29年。最后折算倒present value。 midusa 发表于 2023-03-13 15:51
NO NO NO!!! 那是对于我们这样用自己钱的消费者， 用自己的钱买，hold to maturity总是挣的。 银行的钱90%以上都是借的，今年的是，明年的也是。 一个50万，2.5%年率，30年到期的mortgage，银行每年都得借钱来顶着。以前利息低，1%能借到，那就每年挣1.5%。现在利息高，5%才能借到，每年亏2.5%，亏后面29年。最后折算倒present value。 midusa 发表于 2023-03-13 15:51
Reuters U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution they shuttered after Silicon Valley Bank's collapse. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority," Treasury, Federal Reserve, and FDIC said in a joint statement Sunday evening. The banking regulators said depositors at Signature Bank will have full access to their deposits. "All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer," the regulators said. Signature is one of the main banks to the cryptocurrency industry. As of Dec. 31, Signature had $110.4 billion in total assets and $88.6 billion in total deposits, according to a securities filing.
这是一个接一个啊，还好周末两天能缓一缓。
At the end of 2021, the bank had total assets of $118 billion, deposits of $85.31 billion, and loans of $65.25 billion.[7] Banking officials in New York state closed the bank on March 12, 2023, two days after Silicon Valley Bank was seized.[3]
就怕恐慌引发连锁效应。
这个银行不算小吧？ 估计也就比版上推崇的ally bank小那么一点吧
他明显对这家银行没认知， 纽约中小business很多在这家银行业务的。
就是不知道为什么从最西岸直接连锁反应到最东岸了，这有什么原因吗？
因为这家也是Crypto-Friendly 的bank，所以必然先崩。
他家主要是玩Crypto，many crypto clients, 去年就被质疑过要出事。
银行，应该是百年老店，才算靠谱，能抗住长周期的风险
你说的就是systemic risk 很多在bank run
说这些话的，对银行业一无所知。就闭闭嘴吧
这家银行前两年是以crypto friendly 闻名的。就是但凡跟高科技啊，各种币啊有关的中小银行现在都风险很高
虚拟币
USD coins broke buck
你真以为只有svb有问题？还传传导呢？
贸易战+美债没人接盘就是最大的系统性风险。再加息也不可能控制通胀，只会让债券价格拖死一堆银行
其实参考中国的河南银行，只要政府兜底，市场就有信息，其他小的银行只要稍微一点帮助危机就过去了
They have a lot of cryptocurrency clients.
去年的美债利率比今年的美债低一大截，没有人会在到期前原价收购的。要打一个很大的折扣才行
所以SVB手里大量去年买的美债，如果hold到期本来能赚钱。现在急需用钱的时候，发现根本补不了缺
什么叫一无所知呢，本来银行业属于过剩行业，谁希望诞生一家新的来分肉的？
向来不喜欢小银行，淘汰，不是很自然的事情？
Bond 只要hold to maturity 是稳赚，所谓fixed income。中间会有价格涨跌，只要不卖就没有影响。
储户提取资金，他没法持有国债至到期，只能卖出，遇到流动性问题，没得选
国债有些周期30年，50年，可能这么多年后，人就死了
Signature银行还因押注加密银行业务而受到冲击，这块业务先前已受加密产业发生内爆事件、银行监管机构打击银行业者的数字资产曝险而重创。华尔街日报说，这桩倒闭是美国史上第三大银行倒闭案。
不卖说的容易，资产端买的长期bond才1%的利息，负债端的客户存款cd要给4%利息，现金流都是负的，怎么撑着不卖？更不要说客户存款还在流失，都要提现。
你举例子能不能用好一点的🤪小强也太恶心了。 换新冠也比小强好。
银行也真搞笑，他们不应该和cryptocurrency势不两立吗？还两头开压。最后两条船全沉了…
这不是连锁反应
这是从看到冰山一角变看到冰山俩角 其他的还在海平面下，你看不到而已
Ally Bank 已经被Bloomberg 点名浮亏占总资产24%，所有银行第一。我有CD在他家刚存了一个月，虽然不超过25万，有问题FDIC应该会兜底的吧？
忙起來不知道會不會暫緩 或者減少升息力道？
https://www.tiktok.com/t/ZTR72qeAt/
https://www.tiktok.com/t/ZTR72qeAt/
我也有三万CD在ally bank这个月底到期
疫情死了病了那么多人， 通胀是难免的， 靠加息不可能解决根本问题。
NO NO NO!!!
那是对于我们这样用自己钱的消费者， 用自己的钱买，hold to maturity总是挣的。 银行的钱90%以上都是借的，今年的是，明年的也是。
一个50万，2.5%年率，30年到期的mortgage，银行每年都得借钱来顶着。以前利息低，1%能借到，那就每年挣1.5%。现在利息高，5%才能借到，每年亏2.5%，亏后面29年。最后折算倒present value。
还有， 国债大玩家， 都是上杠杆的， 尤其是以前利率低的时候， 这些拼命岁月静好的人不会以为银行前俩年只是乖乖的1:1 资金去买1% yield国债吧
银行借钱买30 年到期的htm？ svb借钱买了1000个亿的为了赚那个1.67% 的利益 不是你疯了就是我疯了 或者是svb疯了……
这家是美国EB5项目存款最多的银行。 这要是倒了，不得坑死一大堆人。
这个破银行08年就破产过，还在C D都拿回来了
是只拿回本金吗？