Within a span of just 48 hours, the United States has witnessed collapse of two major banks. The first was the shutting down of the Silicon Valley Bank…and next was the turn of Signature Bank. The Signature Bank’s fall is the third largest banking disaster in U.S. history after Washington Mutual, which collapsed during the 2008 financial crisis….and SVB’s collapse. With these failures, the financial market is tense and talks of recession and contagion are really spooking everyone. There are two questions that’s on everyone’s mind…First, Why did these two banks fail? And second, what are the chances of financial contagion after these two major failures ?. In this video, we will try to tell you answers to these two questions that are making everyone jittery. But before that, don’t forget to like, share and subscribe to Oneindia.
#Signaturebank#Siliconvallyebank#USAbankfailure
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Yes but it shut down because of our government the actual reason Signature bank closed down was because they had cryptp wallet & support its bank clients… uh with the crypto option…… help you get more money if u have an account with them & the leading real-estate loan leader in nyc ok crypto usa government dont want that & the loans for tge average citizen black rock dont want no leveling up born in the hood you gon stay in the hood lol😅
A crisis because two banks were improperly invested and allocated? No
Signature Bank's signature mismatched, goes down after silicon valley bank.
Crypto-focused banks that failed this month for their cryptic business practices.
– Silvergate Bank
– Silicon Valley Bank
– Signature Bank
These banks spend millions on branding by purchasing awards, rewards and rankings.
The psalm to be written and dedicated to the Western world is "If you rear snakes at your back yard thinking they bite Indian markets and India with venom of fraudulent reports like Hindenburg, one day the fake narrative will only splash on your face with a billion Indians laughing 😂.
Dear American friends, appreciate you understand the feelings and sentiments of others.
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