USA Stock Market

By: Ascure

Will there be a global banking crisis?

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World’s two Biggest Banks collapsed.

Source: Google

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They are named as Silicon Valley Bank and Silver Gate.

Source: Google

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The silver bank is closing because it failed to submit an annual report on Form-10 k to the Securities and Exchange Commission for the fiscal year that ended on 31 Dec 2022.

Source: Google

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The Federal government is taking extraordinary actions.

Source: Google

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America's Banking system has spoiled entirely right now.

Source: Google

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Customers Lined up withdraw money at Silicon Bank.

Source: Google

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Silicon Bank Money had landed money to technology Companies seized by US regulators.

Source: Google

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Signature Bank was a commercial bank focusing on Corporate customers.

Source: Google

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President Biden said, “Your Deposits will be there when you need them”.

Source: Google