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Bank collapse contagion? Customers line up to take their money out of First Republic Bank

March 14, 2023 - bank collapses after "WOKE" SVB bites the dust, prioritizing TRANS awareness over RISK awareness.

Sources include:

DailyMail.co.uk

CNBC.com

NBCBayArea.com

Reuters.com

Bloomberg.com

Brighteon.com

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Black swan strikes USDC stablecoin following Silicon Valley Bank collapse

March 15, 2023 -

Circle Internet Financial Ltd., which runs USDC and banked at SVB, has promised to cover any shortfall in the $3.3 billion worth of reserves it held at the now-shuttered bank.

"USD Coin, a key plank in crypto markets, rose as high as $1 and was trading at 98.2 cents as of 10:50 a.m. Sunday in Tokyo," Bloomberg reported. "The coin had earlier fetched less than 85 cents in a depeg that sent a shudder through digital assets."

"Circle reiterated its stablecoin, also ...

Silicon Valley Bank collapse sends investors scrambling toward bonds, gold

March 14, 2023 -

SVB failed on March 10 after a bank run depleted its funds. The California Department of Financial Protection and Innovation subsequently seized the bank and put it under the receivership of the Federal Deposit Insurance Corporation (FDIC). Three days later, on March 13, the FDIC-administered successor of the failed bank began operations.

On the same day, investors flocked to U.S. Treasury securities and gold – two assets traditionally considered safe havens during periods ...

More bank failures coming? FDIC takes control of First Republic Bank after second-biggest collapse in nation’s history

May 01, 2023 -

The bank's collapse is the latest in a slew of other bank failures that began in March. Nevertheless, we're being told 'all is well' by the same government officials and politicians who assured us that nothing like this could happen again after major federal legislation was passed in the wake of the '08 near-collapse of the entire U.S. financial system.

Oh, and now, as then, banks are being propped up with your tax dollars, though JPMorgan Chase moved to purchase First Republic ...

Bank of England issues collapse warning: ‘You have three days to sell’

October 13, 2022 -

During a speech in Washington, D.C., Bank of England Gov. Andrew Bailey first warned that "market volatility went beyond bank stress tests," which is frightening in an of itself, before he reinforced that there is a "serious risk to UK financial system stability," adding that a program to bail out pension funds is "temporary," according to Zero Hedge.

However, Bailey then dropped a bombshell.

“My message to the funds involved and all the firms is you’ve got three ...

Federal regulators close ANOTHER major crypto-centric bank over fears of imminent collapse

March 14, 2023 -

In an effort to prevent the banking crisis from spreading, New York state regulators closed down Signature Bank, a major lender in the cryptocurrency industry, on Sunday, according to a report by CNBC.

“We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority,” noted the Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. in a joint statement late Sunday, ...

US government quietly announced COLLAPSE of another bank late Friday (hoping nobody would notice)

2 months ago -

The FDIC and Dream First Bank, National Association have since assumed all the deposits of Heartland Tri-State Bank, and all four of the bank's branches reopened as branches of Dream First Bank, National Association on Monday, July 31, resuming their normal business hours.

All of this happened late in the day last Friday, July 28, when almost nobody noticed, and the switch occurred quietly and seamlessly over the weekend with the new bank taking over as of Monday.

The ...

Latest bank to collapse is same one that closed Trump’s accounts after Jan 6th

March 13, 2023 -

(Article by Steve Watson republished from InfoWars.com)

Signature bank in New York was shut down by US regulators on Sunday, according to a joint statement from the Federal Reserve, US Treasury and the Federal Deposit Insurance Corporation (FDIC), noting that the lender “was closed by its state chartering authority.”

It comes after SVB bank and California-based crypto-focused Silvergate also failed.

The statement further notes that “[SVB] depositors will ...

Prepare for governments to push CBDCs in the wake of the Silicon Valley Bank collapse

March 20, 2023 -

(Article by Tom Parker republished from ReclaimTheNet.org)

The heightened fear of bank runs and the growing calls for more government controls to prevent another Silicon Valley Bank-style event has created space for governments to swoop in and present CBDCs as the solution.

Prepare for these talking points to become prominent as governments ramp up their efforts to push CBDCs:Talking Point 1: CBDCs will protect you from social media bank runs

Within days ...

Coming economic collapse will be used to close banks and introduce central bank digital currencies

December 21, 2022 -

This is according to Clive Thompson, former managing director at Union Bancaire Privee, a private bank and wealth management firm in Geneva, Switzerland. He warned that this coming global financial crisis will start in one country and spread out all over the world. (Related: Investors are leaving the cryptocurrency industry en masse as collapse continues.)

When this happens, Thompson said, the countries severely affected by the crisis will close down their banks and ...

Collapse of Silicon Valley Bank a good thing as bank serviced tyrannical tech and pharmaceutical industries run by people who support censorship and “woke” policies

March 14, 2023 -

The biggest banking failure so far since the infamous 2008 global financial crisis, the fall of SVB is affecting numerous venture capital investors and technology executives. Many of them wish to remain anonymous, but we can tell you that the following entities maintained accounts at SVB and are now seeking bailouts:

• USDC, a cryptocurrency stablecoin run by Circle

• Roku, a media streaming company

• BlockFi, another crypto firm

• Roblox, a global gaming platform

• ...

Top 25 US banks lose $89.7B after withdrawals surge following collapse of SVB and Signature Bank

April 04, 2023 -

According to a report by the Epoch Times, the top 25 U.S. banks lost $89.7 billion in the week ending March 22. These financial institutions received a $67 billion increase in deposits the week before that, but are now down by $22.7 billion since the collapse of SVB.

Peter Earle, an economist at the American Institute for Economic Research, told the independent news outlet that the "recent failure of SVB and Signature Bank, as well as worries about the rest of the banking ...

Is Credit Suisse about to collapse? Bank admits “material weakness” as shares plunge and investors panic

March 16, 2023 -

Shares in Credit Suisse fell to an all-time low this week following the announcement, which came just days after Silicon Valley Bank (SVB), Signature Bank, First Republic, and Pac West entered a financial death spiral from the contagion.

Switzerland's second-largest bank, Credit Suisse confirmed some $8 billion in losses in 2022 because of the material weakness. Now, the United States Securities and Exchange Commission (SEC) is warning the bank that it is in jeopardy of ...

Financial “death spiral” ensues as SVB, First Republic, Pac West, Signature Bank all COLLAPSE… contagion continues

March 15, 2023 - bank collapse in U.S. history," one report explained.

"Its demise on Friday, which has left customers fearful of losing deposits totaling tens of billions of dollars, is eclipsed only by the failure of Washington Mutual in 2008, which had assets of $307 billion when it went into receivership."

While it is true that SVB is more of a niche bank than Washington Mutual ever was, its collapse is more of a canary in the coalmine type of situation. The U.S. economy ...

Biden says U.S. banking system is ‘safe and sound’ after second-largest bank collapse in U.S. history

May 04, 2023 -

Less than two months after the collapse of two midsize financial institutions, First Republic took a dive and forced the federal government to intervene, NTD News reported earlier this week.

During National Small Business Week on May 1, Biden assured depositors of First Republic that they would be protected, whether insured or uninsured, and that taxpayers would not be responsible for any losses. Shareholders of the bank will lose their investments.

“These actions ...

Economist: Silicon Valley Bank collapse just the “tip of the iceberg” under Biden admin’s reckless economic policies

March 15, 2023 -

Freedom Works Chief Economist Steve Moore put in his two cents on the bank's failure during a March 13 appearance on Fox News. He warned the conservative outlet Harris Faulkner of a looming crisis that could hit the economy.

"I do think you have a lot of major banks that are in some trouble, and SVB … may just be the tip of the iceberg here," said Moore, a former adviser to the Trump campaign. He had earlier criticized the Democratic Party – which President Joe Biden is ...

To prevent bank-run panic, the FDIC is conspiring to blind Americans to the impending market collapse

January 05, 2023 -

The Federal Deposit Insurance Corporation (FDIC) is well aware of what is going on, but is working behind the scenes to keep it from reaching the public in order to prevent bank runs, which will only accelerate it further.

Back in November, the FDIC's Systemic Resolution Advisory Committee (SRAC) quietly held a meeting about how the next market crash will occur. During this meeting, it was discussed how to keep crash signals a secret so fewer people attempt to withdraw ...

Before its collapse, Silicon Valley Bank gave over $70 million to Black Lives Matter, other woke causes: report

May 29, 2023 -

(Article by Joseph Summers republished from LifeSiteNews.com)

A newly published report revealed that Silicon Valley Bank (SVB) gave over $70 million dollars to Black Lives Matter (BLM) as well as to other woke causes.

The report was published by the conservative Claremont Institute, the organization announced in an op-ed published by Newsweek. The report also stated that Signature Bank gave $850,000 to BLM before it folded.

It is not clear how the donated money ...

Silicon Valley Bank collapse biggest since Great Recession as FDIC promises to cover ALL deposits, not just first $250K (UPDATED)

March 13, 2023 -

When the Federal Deposit Insurance Corporation closed SVB, the bank had assets worth $209 billion. In comparison, Washington Mutual had $307 billion in assets when it met its end, the UK's Daily Mail reported this week.

The FDIC, a U.S. government-owned corporation that ensures bank deposits of up to $250,000, has stated that SVB's customers with accounts of that amount or lower will be able to access their funds by Monday morning.

Update: Yesterday the US Treasury ...

Euro bank chief admits central bank digital currency will be used to control populations

April 12, 2023 -

"A widely shared video of European Central Bank President Christine Lagarde admitting that a digital euro will be used in a 'limited' way to control the payments that people can make was taken from a three-week-old prank video," Coin Telegraph reported this week.

On April 6, the Watcher Guru breaking news account drew attention to the video, which then sparked a considerable amount of discussion on social media. In the footage, Lagarde expressed her desire to not be reliant ...