No bank is safe now.. If your a company come Monday I would pull out of the Banking if SVB and the startups companies going bankrupt has shown us anything… Once the US banks collapse no bank in the world is safe from the domino effect..
No bank is safe now.. If your a company come Monday I would pull out of the Banking if SVB and the startups companies going bankrupt has shown us anything… Once the US banks collapse no bank in the world is safe from the domino effect..
Basically a CBDC situation. All deposits at JPMorgan or Bank of America is really not far from just doing a retail CBDC at the fed.
