First Citizens BancShares Acquires Silicon Valley Bank Assets at a Discount
By California Platinum Loans / March 28, 2023
First Citizens BancShares recently bought $72 billion worth of assets from Silicon Valley Bank at a 23% discount, or $16.5...
Read More
Deutsche Bank Shares Tumble as Fears of Weaknesses in Global Financial System Resurface
By Krishna / March 25, 2023
Deutsche Bank, Germany's largest lender, saw a sharp decline in shares on Friday, which had a knock-on effect on other...
Read More
Federal Reserve Hikes Interest Rates Despite Collapse of Silicon Valley Bank and Signature Bank
By California Platinum Loans / March 25, 2023
The recent collapse of Silicon Valley Bank and Signature Bank and broader international financial volatility have complicated the Federal Reserve's...
Read More
Signature Bank Follows Silicon Valley Bank into Collapse, Stranding Billions in Deposits
By California Platinum Loans / March 23, 2023
New York-based Signature Bank has become the third largest failure in US banking history, following Silicon Valley Bank's closure on...
Read More
UBS Buys Credit Suisse for $3.2 Billion: What Does it Mean for the Global Banking System?
By California Platinum Loans / March 21, 2023
UBS has agreed to acquire Credit Suisse for $3.2 billion to aid the global banking system. The deal was brokered...
Read More
Eleven Major US Banks Unite to Offer $30 Billion Rescue Package to First Republic
By California Platinum Loans / March 16, 2023
In a collective effort to prevent another bank failure, eleven of the largest banks in the US have come together...
Read More
Financial Rollercoaster: The Domino Effect of Bank Collapses on Real Estate and Mortgage Rates
By California Platinum Loans / March 15, 2023
In the wake of recent financial tremors, the ripple effects of bank collapse, such as that of the Silicon Valley...
Read More
Climate Finance Void Left by Silicon Valley Bank Seizure Opens Door for New Lenders
By California Platinum Loans / March 13, 2023
The seizure of Silicon Valley Bank (SVB) has created a significant gap in the climate finance sector, presenting a unique...
Read More