Asas Connect

Actionable Insights – May

Another week, another bank in trouble We have repeatedly alluded in our newsletters to the lag effect of the rapid interest rate hikes set in motion by the U S Federal Reserve in early 2022 and warned that it would take several months before the full effects become clear Since March 2023 almost exactly a year since the hikes began, the following banks have collapsed in the U S alone Silvergate Bank, the 147th largest bank Silicon Valley Bank, the 16th largest Signature Bank, the 29th largest


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