Forwarded from anon_fa_mous
Greg Becker was removed from the Fed Reserve position today.
https://www.reuters.com/markets/us/ceo-failed-silicon-valley-bank-no-longer-director-sf-fed-2023-03-10/
https://www.reuters.com/markets/us/ceo-failed-silicon-valley-bank-no-longer-director-sf-fed-2023-03-10/
Around $487 million, or 26%, of Roku’s cash reserves are stuck at Silicon Valley Bank, the streamer said in a Friday SEC filing.
https://www.cnbc.com/2023/03/10/roku-says-26percent-cash-reserves-stuck-in-silicon-valley-bank.html
https://www.cnbc.com/2023/03/10/roku-says-26percent-cash-reserves-stuck-in-silicon-valley-bank.html
CNBC
Roku says 26% of its cash reserves are stuck in Silicon Valley Bank
Around $487 million of Roku's cash reserves are stuck at Silicon Valley Bank, the streaming media company said Friday.
It’s not just the SF branch.
https://www.bloomberg.com/news/articles/2023-03-10/svb-s-uk-business-poised-to-be-put-into-resolution-ft-reports
https://www.bloomberg.com/news/articles/2023-03-10/svb-s-uk-business-poised-to-be-put-into-resolution-ft-reports
Bloomberg.com
SVB’s UK Business to Be Declared Insolvent by Bank of England
SVB Financial Group’s UK unit is set to be declared insolvent after the collapse in the US of the Silicon Valley Bank parent.
Germany is playing it cool
🤣
https://finance.yahoo.com/news/graphic-svb-collapse-sign-pain-175421923.html
🤣
https://finance.yahoo.com/news/graphic-svb-collapse-sign-pain-175421923.html
Yahoo Finance
UPDATE-GRAPHIC-SVB collapse a sign of pain coming from end of easy-cash era
The easy-cash era is over and its impact is only just starting to felt by world markets yet to see the end of the sharpest interest rate hiking cycle in decades. Risks were brought to a fore this week as U.S. tech specialist Silicon Valley Bank was shut…
The Fed has called an emergency meeting for this upcoming Monday.
Do I smell bailouts?
Do I smell bailouts?
Forwarded from Insider Paper
BANKS PANIC UPDATE:
Silicon Valley Bank shares dropped to record 62%
First Republic Bank dropped 50%
Signature Bank shares down 25%
Follow Insider Paper for more news
Silicon Valley Bank shares dropped to record 62%
First Republic Bank dropped 50%
Signature Bank shares down 25%
Follow Insider Paper for more news
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Forwarded from Akilian
We were talking about the Big Fish movie today at work
🔥3
Forwarded from Insider Paper
NEW - Wagner group announces opening recruitment centers in 42 Russian cities
READ: https://insiderpaper.com/russias-wagner-group-opens-dozens-of-recruitment-centres/
Follow Insider Paper for more news
READ: https://insiderpaper.com/russias-wagner-group-opens-dozens-of-recruitment-centres/
Follow Insider Paper for more news
Forwarded from Qstnevrythng 🍊
Hitchhikers Guide to the Galaxy: 42=the meaning to life, the universe, and everything.
If unfamiliar: a quick synopsis , English dude wakes up to his house about to be bulldozed and at the last second his BFF tells him he’s an alien and earth is about to be destroyed. They hitchhike off the planet, it gets destroyed and they end up on a crazy race around the galaxies to find out the meaning to life. The universe and everything. Two mice and a supercomputer say it’s 42. No explanation. Just 42.
If unfamiliar: a quick synopsis , English dude wakes up to his house about to be bulldozed and at the last second his BFF tells him he’s an alien and earth is about to be destroyed. They hitchhike off the planet, it gets destroyed and they end up on a crazy race around the galaxies to find out the meaning to life. The universe and everything. Two mice and a supercomputer say it’s 42. No explanation. Just 42.