Consequences of Government Bonds Preferential Treatment in Bank’s Balance Statements, Exemplified By the Collapse of Silicon Valley Bank
The new lesson for banking sector came on March 10th 2023, when the bank, which had $212bn of assets, failed with spectacular speed, making it the biggest lender to collapse since the global financial crisis of 2007–2009. By loading up on long-term bonds, Silicon Valley Bank (SVB) had taken an enorm...
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Format: | Article |
Language: | English |
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Sciendo
2023-12-01
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Series: | Studies in Logic, Grammar and Rhetoric |
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Online Access: | https://doi.org/10.2478/slgr-2023-0016 |