CAPITAL / LIQUIDITY

Capital / Liquidity

Yellen Not Considering ‘Blanket Insurance’ for US Bank Deposits

By Editors | 23/03/2023

Regulators are reviewing banking risks on a case-by-case basis. The FDIC would only step in to protect all depositors if there are systemic or contagion risks.

Capital / Liquidity

APRA Directs Banks to Declare Links to Crypto Firms

By Sanday Chongo Kabange | 23/03/2023

APRA has asked banks to declare and report their business ties to crypto firms and start-ups, which worry increased supervision will make it harder to access financial services.

Crypto / Digital Assets

Stablecoin Reserves Should be Held at Central Banks: Circle

By Editors | 22/03/2023

Circle is seeking to be able to hold USD reserves with the Fed rather than with various financial partners. In the long run, a wholesale CBDC could be used.

Capital / Liquidity

FDIC Running Two Separate Auctions for SVB Assets This Week

By Editors | 22/03/2023

SVB and its private bank may be sold separately. First Citizens BancShares, Apollo Global Management, and a group of VC firms are considering bids.

Capital / Liquidity

Secretary Yellen Indicates Intent to Protect Smaller Banks

By Manesh Samtani | 22/03/2023

US Treasury Secretary Janet Yellen suggested further action could be taken, if needed, to protect other institutions that suffer deposit runs.

Capital / Liquidity

US Banks Consider Fresh Efforts to Stabilise First Republic Bank

By Editors | 21/03/2023

The 11 banks which agreed to deposit $30bn into First Republic Bank last week are considering a direct capital infusion into the bank.

Crypto / Digital Assets

Flagstar Bank to Assume Signature Bank Deposits, FDIC Says

By Editors | 21/03/2023

The New York Community Bancorp subsidiary will assume “substantially all” the deposits of Signature Bank and buy $12.9bn of its loans at a discount.

Capital / Liquidity

US Bank Body Calls for Backstop to Cover All Midsized Lenders

By Editors | 20/03/2023

A group of midsized US lenders is calling on regulators to extend deposit protection to all deposits for the next two years to prevent a wider run on banks.

Capital / Liquidity

Multiple Reviews in 2021 & 2022 Identified Deficiencies at SVB

By Editors | 20/03/2023

Deficiencies were identified in 2021 but left unaddressed. Last year, Fed officials warned SVB executives about liquidity and the models used to calculate capital.