* Our Parent Company Crypto Token is LIVE!!! *Flag Token

Silicon Valley Bank’s crash is providing valuable lessons all over the world


Share post:

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Mary Ann is on a much deserved break this week, so I am filling in for her, bringing you the hottest fintech news of the previous week. Now let’s dive into the fintech news because you are probably wondering what’s up with your favorite bank, and I promise to get to that first. Let’s go! — Christine

We’ve learned a lot more about the Silicon Valley Bank collapse since the last time you read this newsletter (lots and lots).

The latest being that SVB Financial filed for Chapter 11. And First Republic Bank, which was ensnared in all this mess earlier this week, found some saviors in the way of some of the nation’s largest banks that reportedly came together to bolster the bank with around $30 billion in rescue deposits.

This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, and so on —…

Read more…


Related articles

Mingleland Launches NFT Collection, Aiming to Build Web3 Social Metaverse

The revolutionary Hold-to-Earn meme project is joining forces with industry partners to build a sustainable token economy. Ignore...

Expensify Forms Accountant Steering Committee to Drive Product Development – FinTech Futures

Ten global accounting experts join Expensify’s Steering Committee to advise the expense management company on pushing the limits...

Quantum Blockchain Technologies published in-depth report on … – Proactive Investors UK

Quantum Blockchain Technologies published in-depth report on ...  Proactive Investors UK Read more...