Congratulations FRC investors / traders

[JaiBalayyaaa]

3 minutes ago, AndhraneedSCS said:

Fed will print. No worries

Powpow will love it

[dasari4kntr]

13 minutes ago, Spartan said:

@JaiBalayyaaa

 

Here's a ranking, based on the percentage of total deposits that are not insured by the FDIC:

Financial institution	Deposits not insured by the FDIC
Signature Bank	90%
SVB	88%
Citigroup	85%
First Republic	68%
JPMorgan	59%
BNY Mellon	56%
Citizens Financial	49%
KeyCorp	47%
PNC	46%
Truist	46%
M&T Bank	45%
Fifth Third	42%
Bank of America	33%
Goldman Sachs	33%
Huntington Bancshares	33%

i think..with this table...no of depositors also should be there..some of the banks in this list are not major retail banks...

[Spartan]

1 minute ago, dasari4kntr said:

i think..with this table...no of depositors also should be there..some of the banks in this list are not major retail banks...

https://www.fdic.gov/analysis/quarterly-banking-profile/statistics-at-a-glance/2022sep/industry.pdf

[dasari4kntr]

3 minutes ago, csrcsr said:

print chesi chesi dollar note will be paper boat me and my son in yosemite valley river stream

cc @dasari4kntr @Spartan @ARYA

[ramudu]

11 minutes ago, dasari4kntr said:

ohh...

did you see google added generated AI to its g-suit tools ? 

[Pavanonline]

18 minutes ago, Spartan said:

There are 1Trillion$ valued uninsured deposits currently...

and FDIC has only 200B to cover...

the more the fallout, more has to be pumped in..

How 1 trillion, it'll be way more than that. No way fdic can insure everything, they should stick to 250k. This is the consequence of insuring svb depositors giving false sense of security. 

 

[Spartan]

3 minutes ago, Pavanonline said:

How 1 trillion, it'll be way more than that. No way fdic can insure everything, they should stick to 250k. This is the consequence of insuring svb depositors giving false sense of security. 

 

1 Trillion annadu mari

https://www.businessinsider.com/signature-svb-us-banks-have-over-1-trillion-uninsured-deposits-2023-3

[bhaigan]

33 minutes ago, Spartan said:

@JaiBalayyaaa

 

Here's a ranking, based on the percentage of total deposits that are not insured by the FDIC:

Financial institution	Deposits not insured by the FDIC
Signature Bank	90%
SVB	88%
Citigroup	85%
First Republic	68%
JPMorgan	59%
BNY Mellon	56%
Citizens Financial	49%
KeyCorp	47%
PNC	46%
Truist	46%
M&T Bank	45%
Fifth Third	42%
Bank of America	33%
Goldman Sachs	33%
Huntington Bancshares	33%

Good thing I didnt opened an account in Chase Bank

[bhaigan]

30 minutes ago, Spartan said:

There are 1Trillion$ valued uninsured deposits currently...

and FDIC has only 200B to cover...

the more the fallout, more has to be pumped in..

  doubt ae ledu 2008 repeat avuthundi anipisthundi

[JaiBalayyaaa]

Just now, bhaigan said:

Good thing I didnt opened an account in Chase Bank

Chase rejected my business account today because I have 5 accounts with them. 

[bhaigan]

27 minutes ago, ramudu said:

Eee weekend credit suisse fasak aaa Anna , 

Swiss Central Bank is pumping $54bn to Credit Suisse

talks are going to to merge Credit Suisse with UBS

[ramudu]

37 minutes ago, Spartan said:

@JaiBalayyaaa

 

Here's a ranking, based on the percentage of total deposits that are not insured by the FDIC:

Financial institution	Deposits not insured by the FDIC
Signature Bank	90%
SVB	88%
Citigroup	85%
First Republic	68%
JPMorgan	59%
BNY Mellon	56%
Citizens Financial	49%
KeyCorp	47%
PNC	46%
Truist	46%
M&T Bank	45%
Fifth Third	42%
Bank of America	33%
Goldman Sachs	33%
Huntington Bancshares	33%

Anna WSJ reports around 186 banks are prone to similar risk as SVB antaaa

 

 

 

[ramudu]

1 minute ago, bhaigan said:

Swiss Central Bank is pumping $54bn to Credit Suisse

talks are going to to merge Credit Suisse with UBS

political parties oppukovadam ledhu anna .... weekend urgent meeting ki C-suit ki call vochindi antaa ....  

[JaiBalayyaaa]

4 minutes ago, bhaigan said:

Swiss Central Bank is pumping $54bn to Credit Suisse

talks are going to to merge Credit Suisse with UBS

 

2 minutes ago, ramudu said:

Anna WSJ reports around 186 banks are prone to similar risk as SVB antaaa

 

 

 

 

 

[Pavanonline]

11 minutes ago, Spartan said:

1 Trillion annadu mari

https://www.businessinsider.com/signature-svb-us-banks-have-over-1-trillion-uninsured-deposits-2023-3

Vadu kuda way over antundu ga. 

By bailing out svb the clear signal is they will bail out big banks no matter what screw up they do. But small banks must follow rules.

Already 2008 regulations tho they killed most small banks. This will make sure bigger banks become even bigger and god knows what will happen once they fail.