Generative Data Intelligence

Tag: systemic risk

Treasury Secretary Prepared to Take “Additional Action” to Protect Bank Deposits

Treasury Secretary Janet Yellen suggested that her department might be willing to further backstop bank deposits if needed, only one day after seemingly...

US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’

U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank...

U.S. banking crisis could strengthen Crypto long term, experts say

“In the near term, this (unbanking) could add to the increased regulatory scrutiny on crypto and the banking rails that serve crypto, and closer...

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 36.06% in the week from March 10 to March 17, to trade at US$26,795 at...

Swiss Government Will Bail Out Credit Suisse if Necessary To Stabilize Systemic Risk: Report

The Swiss government is working with Credit Suisse to find ways to stabilize the bank and assure the public that systemic risk to the...

SVB Need Isling Models (Oliver Smith)

In one sense, it looks like a fairly straightforward bank run, but the extraordinary bailout announced directly after suggests that the risk was systemic....

Circle’s USDC bounces back after Silicon Valley Bank bust

In this issueUSDC: Level-peggingSilvergate: Closing actChina finance: Reverse decentralizationFrom the Editor’s DeskDear Reader,Predictions that things will get worse before they get better are commonplace...

Circle’s USDC bounces back after Silicon Valley Bank bust

In this issueUSDC: Level-peggingSilvergate: Closing actChina finance: Reverse decentralizationFrom the Editor’s DeskDear Reader,Predictions that things will get worse before they get better are commonplace...

Paribus. A Glimmer of Hope.

Following on from last week’s drama, this week sees more uncertainty in the banking, tech, and crypto sectors. While the US has been pushing...

Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown

Okcoin, the U.S. affiliate of cryptocurrency exchange OKX, announced on March 13 that it had no exposure to defunct U.S. tech bank Silicon Valley...

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