US Banking Industry

According to reports, Bob Michele, Chief Investment Officer of Fixed Income at Morgan Asset Management, stated that the pressure on the US banking industry is still at a crisis lev

According to reports, Marko Kolanovic, chief global market strategist at JPMorgan Chase, the turmoil in the US banking industry has made a soft landing of the economy unlikely, and

According to reports, Coinbase stated in a report that after the recent turmoil in the US banking industry, the medium to long-term prospects of the cryptocurrency market have been

It is reported that in the recent week, the US banking industry has borrowed a total of $164.8 billion from the Federal Reserve through two credit facility instruments, highlighting the increasing tension in funding after the collapse of banks in Silicon Valley. According to data released by the Federal Reserve, the amount of funds lent by the Federal Reserve through the discount window reached a record $152.85 billion in the week ended March 15, up from $4.58 billion in the previous week. The last record high was $111 billion set during the 2008 financial crisis. The data also shows that the Bank Term Funding Program launched by the Federal Reserve on Sunday lent a total of $11.9 billion. From these figures, it can be seen that the US banking system is still fragile and has not yet fully emerged from the plight of deposit funds moving after the collapse of Silicon Valley banks and Signature Bank. The balance of other…

It is reported that US President Biden delivered a speech on the situation of the banking industry: the rapid action of the government should make Americans believe that the US banking system is safe. The Federal Deposit Insurance Corporation of the United States has controlled the assets of Signature Bank and Silicon Valley Bank. American taxpayers will not bear any losses, and the funds will come from the insurance fund. Congress and regulators will be required to strengthen bank regulatory rules. We will not stop here. We will take all necessary measures. We must prevent this from happening again. It is necessary to conduct comprehensive accounting for what happens in the bank. Biden: We have controlled the assets of signature banks and Silicon Valley banks, and will require the Congress and regulators to strengthen bank supervision rules Analysis based on this information:US President Biden recently addressed the situation of the US banking industry and emphasized the need for rapid government…