What really happened at Silicon Valley Bank ...
Silicon Valley Bank Case Study is a collection of notes, articles, comments, spreadsheets, charts and photographs relating to the rise and fall of Silicon Valley Bank. Articles and comments are included from Wikipedia, New York Times, The Seattle Times, The Washington Post, Bloomberg, The Brookings Institute, John Mauldin of Mauldin Economics and Simon Taylor of Fintech Brain Food. Plus our own summary and conclusions. Sign Up For Updates or just download the case study and slide deck.
Silicon Valley Bank Case Study is a collection of notes, articles, comments, spreadsheets, charts and photographs relating to the rise and fall of Silicon Valley Bank. Articles and comments are included from Wikipedia, New York Times, The Seattle Times, The Washington Post, Bloomberg, The Brookings Institute, John Mauldin of Mauldin Economics and Simon Taylor of Fintech Brain Food. Plus our own summary and conclusions. Sign Up For Updates or just download the case study and slide deck.
Already a subscriber, no need to register, simply download the case study file and charts. Over twenty companion slides in the pack. Sign up to join the mailing list to receive our regular updates and receive the automatic case study download.
|
|
Our Latest Case Study : Silicon Valley Bank : The Bank from Planet ZIRP ...
DOWNLOAD Our case study Silicon Valley Bank : The Bank from Planet ZIRP . Charts, spreadsheets and 20,000 word text will provide a full background. Don't miss that!
Silicon Valley Bank Case Study is a collection of notes, articles, comments, spreadsheets, charts and photographs relating to the rise and fall of Silicon Valley Bank. Articles and comments are included from Wikipedia, New York Times, The Seattle Times, The Washington Post, Bloomberg, The Brookings Institute, John Mauldin of Mauldin Economics and Simon Taylor of Fintech Brain Food.
The series includes our own analysis of summary and conclusions, together with a chapter on risk analysis, Fed rate movements and the Reality Stress Testing of the SVB balance sheet in 2022. Teaching Notes are also available.
In our research, we have warned frequently of the dangers of life on Planet ZIRP, the world of zero interest rates policy. In November 2015 we wrote "Over the medium term, we expect bond yields (after Fisher) to reflect a hedge against inflation plus a real risk return. Hence we consider the normalized yield on ten year gilts to be between 4% to 4.5% if the plausible inflation target is 2%. There is a real risk of capital collapse as bond yields rise and capital prices fall as yields return to normalized values."
Michael Feroli, Chief Economist J.P. Morgan said “Whenever the Fed hits the brakes, someone goes through the windshield. You just never know who it’s going to be.” Now perhaps we know ...
The SVB 10k Annual Return was filed on the 24th February ...
The SVB 10k Annual Return was filed on the 24th February. At the beginning of March, Moody's reportedly informed SVB Financial, the bank's holding company, it was facing a potential downgrade of its credit rating because of its unrealized losses.
On March 8, 2023, SVB announced it had sold over $21 billion of investments, borrowed $15 billion, and would hold an emergency sale of its stock to raise an additional $2.25 billion. Investors were reluctant. The markets were unconvinced. By the close of business on March 9th, customers had withdrawn $42 billion. A further $100 billion was due for withdrawal the following day. The Bank had run out of cash and options.
SVB was placed into FDIC receivership. The Bank of Planet ZIRP could no longer escape from Planet ZIRP. It was never designed to make it. Here's Why ...
DOWNLOAD Our case study Silicon Valley Bank : The Bank from Planet ZIRP . Charts, spreadsheets and 20,000 word text will provide a full background. Don't miss that!
Silicon Valley Bank Case Study is a collection of notes, articles, comments, spreadsheets, charts and photographs relating to the rise and fall of Silicon Valley Bank. Articles and comments are included from Wikipedia, New York Times, The Seattle Times, The Washington Post, Bloomberg, The Brookings Institute, John Mauldin of Mauldin Economics and Simon Taylor of Fintech Brain Food.
The series includes our own analysis of summary and conclusions, together with a chapter on risk analysis, Fed rate movements and the Reality Stress Testing of the SVB balance sheet in 2022. Teaching Notes are also available.
In our research, we have warned frequently of the dangers of life on Planet ZIRP, the world of zero interest rates policy. In November 2015 we wrote "Over the medium term, we expect bond yields (after Fisher) to reflect a hedge against inflation plus a real risk return. Hence we consider the normalized yield on ten year gilts to be between 4% to 4.5% if the plausible inflation target is 2%. There is a real risk of capital collapse as bond yields rise and capital prices fall as yields return to normalized values."
Michael Feroli, Chief Economist J.P. Morgan said “Whenever the Fed hits the brakes, someone goes through the windshield. You just never know who it’s going to be.” Now perhaps we know ...
The SVB 10k Annual Return was filed on the 24th February ...
The SVB 10k Annual Return was filed on the 24th February. At the beginning of March, Moody's reportedly informed SVB Financial, the bank's holding company, it was facing a potential downgrade of its credit rating because of its unrealized losses.
On March 8, 2023, SVB announced it had sold over $21 billion of investments, borrowed $15 billion, and would hold an emergency sale of its stock to raise an additional $2.25 billion. Investors were reluctant. The markets were unconvinced. By the close of business on March 9th, customers had withdrawn $42 billion. A further $100 billion was due for withdrawal the following day. The Bank had run out of cash and options.
SVB was placed into FDIC receivership. The Bank of Planet ZIRP could no longer escape from Planet ZIRP. It was never designed to make it. Here's Why ...