Världens viktigaste (?) bank SVB på fallrepet - förintar världsekonomin för gott?

Expect Mass Layoffs..." - The Real-World Impact Of SVB's Failure

https://www.zerohedge.com/markets/ex...t-svbs-failure

Den amerikanska banken SVB har stängts av amerikanska myndigheter.

Bankens problem har skakat hela sektorn och både svenska och europeiska storbanker har fallit tungt

https://www.dn.se/ekonomi/amerikansk...problembanken/

For most people in America, the news that a 'bank in Silicon Valley' has failed will be forgotten quicker than a story about soaring shoplifting in their local supermarket.

It shouldn't.

Reality is that the contagion of the shuttering of the 18th largest bank in the US are widespread.

https://www.zerohedge.com/markets/ex...t-svbs-failure

Cops Called After Freaked Clients Show Up to Silicon Valley Bank’s NYC Office

https://www.thedailybeast.com/cops-c...nks-nyc-office

but also the second largest failure ever for a retail bank in the United States.

https://www.breitbart.com/news/globa...over-us-fears/

SVB's letter to shareholders incudes news that "Our exposure to crypto is de minimis."

The same can't be said of Silvergate Bank – an outfit that proudly claims to "serve over 750 of the most recognized and well-funded digital currency exchanges

And on Wednesday the outfit announced the Bank's holding company "believes that an orderly wind down of Bank operations and a voluntary liquidation of the Bank is the best path forward."

https://www.theregister.com/2023/03/...bank_troubles/