Member Info for blert

We cannot get a break. Always something drags us back down. Anyway we'll have pizza and ice cream soon )

Credit Suisse in freefall. Basket case now.

Surely Greg's title and appointment is related to a new US listing. If not would you normally have 2 people doing the same role. Maybe Kate's getting pushed aside to 'specific projects' for being ****e at IR

I wonder who the investor was

Hopefully Boom.
It all started with US a bank and there indexes are positive.

CPI tomorrow seeminly 50/50 we get a pause or 0.25% hike.
I

Short spread bettors doing well. Investors with stop losses not so.

Lot of nevousness out there.

Amen to that

Greg Feehely's influence no doubt on the RNS

Silicon Valley Bank's UK subsidiary has been sold to HSBC.
Depositors will be fully protected.

GS -" In light of recent stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its March 22 meeting with considerable uncertainty about the path beyond March."

Probably see volatilty tthroughout the day but fallout looks contained

If they can't finder a buyer they'll protect unisured deposits to protect US financial system according to insiders. Has to be done
Washington Post

oaknorth bank in talks too according to Sky

Dunno what will happen but deposits should be protected thus preventing a bank run on these regional banks. Bond / share holders will lose out. As for inerest rates is this a signal for a pause now.
Highest debt out there and rates have risen quickly.
Will know soon how this unfolds

Looks like the unemployment rate will increase on the back of this...
Hopefully Credit Suissee have no contagion from the fallout

Muchas

Sounds good oke. Do have big funds under their managment. Never heard of them tbh
Are they big players ?

It's over for SVB
Done. Finished.

I think they'll stick to the original plan and let it play out in the months ahead.
So 0.25

Thought trading was halted