Signs are mounting that credit is drying up in pockets of the economy at a worrisome rate.
Tag: SVP
Deposit Crisis Sets Up a Tough First Quarter for All but the Biggest Banks
A deposit run that felled Silicon Valley Bank and Signature Bank has hurt small banks much more than big ones, draining low-cost funding that has fueled their profitability in recent years.
SVB-Fueled Turmoil Debunks Lessons of the Global Financial Crisis
The turmoil touched off by the collapse of Silicon Valley Bank has demolished much of what the Federal Reserve, political leaders and investors thought they had learned from the global financial crisis of 2007-09.