Everything Bankers Thought They Knew About Deposits Might Be Wrong

WSJ 0 تعليق ارسل طباعة تبليغ حذف

How could Silicon Valley Bank and other lenders have been so blind to interest-rate risk? Habits formed over many years of low rates may have had a lot to do with it.

As it accumulated billions worth of fixed-rate Treasurys and mortgage bonds in recent years, SVB failed to anticipate the speed at which the Federal Reserve would move with interest-rate hikes last year. But the bank’s rapid rise this century took place mostly in an era of very low interest rates and freely flowing money. 

Disclaimer that the site operates automatically without human intervention, so all articles, news and comments posted on the site are the responsibility of the owners and the website manages them do not bear any moral or legal responsibility for the content of the site.
"All rights reserved for their owners"

Source:" WSJ "

0 تعليق