SVB - Silicon Valley Bank Collapse And so it goes

Next High risk mortgages

1. a legal agreement by which a bank,  lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt...and if they pay

2. Best Mortgage Lenders Of 2023 If You Have A Bad Credit Score

Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79%

 Anyone with cash in the bank will be able to draw up to $250,000. Over on this side of the Atlantic, SVB’s London arm will be put into insolvency. Depositors will be protected up to £85,000, with the rest made up, if possible, by liquidating assets.

next crash?

Monday Morning ? crash landing in banking shares?