The Collapse of SVB Highlights a $620 Billion Hole in US Banks' Balance Sheets

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This video explains the factors that led to SVB Financial's collapse and the implications it has on the US banking industry.

The Federal Deposit Insurance Corporation (FDIC) has raised an alarm about a potential bank run, noting that the Federal Reserve's 4.5% interest rate hike has created a potential $620 billion hole in the collective balance sheets of the sector's banks.

The panic that ensued after SVB Financial's collapse caused a sector-wide selloff, highlighting the potential risks in the US banking industry. Stay informed about such issues by subscribing to our channel.

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